SHANGHAI, March 27, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) ('NIO” or the 'Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced the pricing of its upsized HK$4,030.13 million offering of 136,800,000 class A ordinary shares of the Company (the 'Placement Shares”), at an offering price of HK$29.46 per Placement Share (the 'Equity Placement”). The Placement Shares have been offered to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act of 1933, as amended (the 'Securities Act”). The Company expects to close the Equity Placement on or about April 7, 2025 (the 'Closing Date”), subject to the satisfaction of customary closing conditions.