ULAI DELIVERED 8,132 VEHICLES IN FEBRUARY 2024, INCLUDING 4,765 HIGH-END SMART ELECTRIC SUVS AND 3,367 HIGH-END SMART ELECTRIC SEDANS. Since the beginning of 2024, Enlai has delivered a total of 18,187 vehicles. As of 29 February 2024, the cumulative delivery of Enlai vehicles reached 467,781 vehicles. ULAI GROUP, A PIONEER AND LEADER IN THE HIGH-END SMART ELECTRIC VEHICLE MARKET, HAS BEEN COMMITTED TO CREATING ENJOYABLE LIFESTYLES AND BUILDING COMMUNITIES WITH SMART ELECTRIC CARS SINCE ITS INCEPTION IN 2014. The company continues to innovate in technology, including switching technology, battery rental services (BaaS), and self-developed smart driving technologies. Villai's portfolio includes a wide range of smart electric SUVs and sedans. The United States Depository shares are listed on the New York Stock Exchange under the ticker symbol NIO and are listed on the Hong Kong and Singapore Exchanges under the stock codes 9866 and NIO, respectively.

ULAI DELIVERED 8,132 VEHICLES IN FEBRUARY 2024, INCLUDING 4,765 HIGH-END SMART ELECTRIC SUVS AND 3,367 HIGH-END SMART ELECTRIC SEDANS. Since the beginning of 2024, Enlai has delivered a total of 18,187 vehicles. As of 29 February 2024, the cumulative delivery of Enlai vehicles reached 467,781 vehicles. ULAI GROUP, A PIONEER AND LEADER IN THE HIGH-END SMART ELECTRIC VEHICLE MARKET, HAS BEEN COMMITTED TO CREATING ENJOYABLE LIFESTYLES AND BUILDING COMMUNITIES WITH SMART ELECTRIC CARS SINCE ITS INCEPTION IN 2014. The company continues to innovate in technology, including switching technology, battery rental services (BaaS), and self-developed smart driving technologies. Villai's portfolio includes a wide range of smart electric SUVs and sedans. The United States Depository shares are listed on the New York Stock Exchange under the ticker symbol NIO and are listed on the Hong Kong and Singapore Exchanges under the stock codes 9866 and NIO, respectively.