Recent Updates — NIO

NIO Inc. reported September and third-quarter 2026 delivery results, delivering 37,408 vehicles in September (up 7.7% year-over-year) and 109,178 vehicles for the quarter (up 25.4%). Year-to-date deliveries totaled 300,301 units (up 49.2%), with cumulative deliveries reaching 1,297,893 as of September 30, 2026. The September volume comprised 21,318 NIO brand vehicles, 8,763 ONVO brand vehicles, and 7,327 FIREFLY brand vehicles. The All-New ES8 reached a cumulative delivery milestone of 150,000 units on its first anniversary, while the ES9 achieved 30,000 deliveries since May 2026. NIO Inc. is a pioneer and leading company in the global smart electric vehicle market.

NIO Inc. entered into definitive agreements with Geely Holding Group to restructure its battery swapping and charging businesses. Geely will acquire a 30% stake in NIO Power for RMB640 million, valuing the subsidiary at approximately RMB16 billion post-money. NIO retains a 63.6% controlling interest, while an existing investor holds 6.4%. The deal includes performance-based adjustments that could reduce Geely's stake to no less than 20%, alongside an option for further investment. Concurrently, NIO will acquire a 10% stake in Haohan Energy and sell charging assets to facilitate technology adoption across Geely's vehicle brands. This strategic transaction highlights industry recognition of NIO’s battery swapping capabilities. NIO Inc. is a pioneer and leading company in the global smart electric vehicle market.

NIO Inc. reported unaudited financial results for the second quarter ended June 30, 2026. Total revenues reached RMB32,136.9 million (US$4,736.4 million), a 69.1% increase year-over-year, driven by vehicle sales of RMB29,058.2 million and deliveries of 107,658 units, up 49.4% from the prior year period. The company achieved a gross margin of 18.4% and an adjusted profit from operations (non-GAAP) of RMB206.9 million, marking a significant improvement from the adjusted loss in the same quarter last year. Cash reserves stood at RMB56.7 billion as of June 30, 2026. NIO operates in the global smart electric vehicle market.

NIO Inc. reported delivering 35,836 vehicles in August 2026, a 14.5% increase year-over-year. Year-to-date deliveries totaled 262,893 units, up 57.9%, with cumulative deliveries reaching 1,260,485 as of August 31, 2026. The August volume comprised 21,174 NIO brand vehicles, 8,810 ONVO brand vehicles, and 5,852 FIREFLY brand vehicles. On August 7, the company inaugurated its 4,000th battery swap station, integrating the FIREFLY brand into its network. The NIO ES8 reached 140,000 cumulative deliveries on August 21, ranking first in China's large SUV segment priced above RMB400,000 from January to July. NIO Inc. is a pioneer and leading company in the global smart electric vehicle market.

NIO Inc. reported July 2026 vehicle deliveries of 35,934 units, a 71.0% increase year-over-year. Year-to-date deliveries totaled 227,057 vehicles, up 68.0%. Cumulative deliveries reached 1,224,649 as of July 31, 2026. The July volume comprised 20,008 NIO brand units, 10,155 ONVO brand units, and 5,771 FIREFLY brand units. On July 22, the All-New ES8 reached a cumulative delivery milestone of 130,000 vehicles, just 305 days after its late September 2025 launch. Deliveries for the five-seat version of the All-New ES8 commenced on July 10, expanding the flagship lineup to include five-, six-, and seven-seat configurations. NIO Inc. designs, develops, manufactures, and sells smart electric vehicles.