NIO Inc

NYSE: NIO · HKEX: 9866 · China

NIO sells premium electric vehicles in China and builds the battery-swap network they depend on. The swap stations are the bet: they remove charging time as an objection, and they are expensive enough that no rival has matched the footprint.

NIO
ONVO
Firefly

NIO Inc Vehicles delivered by period, split by brand. Sep 26 total: 37,408. +7.7% year on year.
Period	NIO	ONVO	Firefly	Vehicles delivered (total)	Source
Oct 25	17,143	17,342	5,912	40,397	NIO October 2025 delivery update
Nov 25	18,393	11,794	6,088	36,275	NIO November 2025 delivery update
Dec 25	31,897	9,154	7,084	48,135	NIO December 2025 delivery update
Jan 26	20,894	3,481	2,807	27,182	NIO January 2026 delivery update
Feb 26	15,159	2,981	2,657	20,797	NIO February 2026 delivery update
Mar 26	22,490	6,877	6,119	35,486	NIO March 2026 delivery update
Apr 26	19,024	5,352	4,980	29,356	NIO April 2026 delivery update
May 26	20,013	12,029	5,663	37,705	NIO May 2026 delivery update
Jun 26	21,908	11,743	6,946	40,597	NIO June 2026 delivery update
Jul 26	20,008	10,155	5,771	35,934	NIO July 2026 delivery update
Aug 26	21,174	8,810	5,852	35,836	NIO August 2026 delivery update
Sep 26	21,318	8,763	7,327	37,408	NIO September and third quarter 2026 delivery update

NIO Inc Vehicles delivered by period, split by brand. Sep 26 total: 37,408. +7.7% year on year.

Source: NIO September and third quarter 2026 delivery update

Products

NIO ET5
NIO ET7
Compare

By brand

NIO: 21,31857%
ONVO: 8,76323%
Firefly: 7,32720%

Latest reported period: Sep 26. Share is of that period's total.

Latest

Four horizontal bars show third-quarter 2026 deliveries against the third quarter of 2025 on a scale from 0 to 30 percent. NIO is up 25.4 percent on 109,178 vehicles and BYD up 18.7 percent on 1,323,065; both bars are pale. Li Auto is up 7.2 percent on 99,964 and XPeng up 2.1 percent on 118,390; both bars are darker.

EV & mobility

Q3 deliveries: NIO and BYD grew by double digits, XPeng and Li Auto did not

NIO delivered 109,178 vehicles in the third quarter (+25.4%) and BYD sold 1,323,065 (+18.7%). XPeng's 118,390 was up 2.1% and Li Auto's 99,964 up 7.2%. The growth came from NIO's premium brand and BYD's exports.

1 Oct 2026 · Analysis · 6 min

Three horizontal bars of equal width, each the range a company guided to for third-quarter 2026 deliveries, floor on the left and ceiling on the right: NIO 108,000 to 111,000, XPeng 115,000 to 121,000, Li Auto 95,000 to 100,000. A pale marker shows where actual deliveries landed. NIO's 109,178 sits about two-fifths of the way up, XPeng's 118,390 just past halfway, and Li Auto's 99,964 almost exactly at the ceiling.

EV & mobility

Q3 guidance scorecard: three hits, and Li Auto finished 36 vehicles from its ceiling

NIO, XPeng and Li Auto each delivered inside the third-quarter range they gave. NIO landed 39.3% of the way up its range, XPeng 56.5%, Li Auto 99.3%. All three set their ranges with part of the quarter already delivered.

1 Oct 2026 · Analysis · 6 min

Four ownership trees on a dark ground. BYD branches to BYD, Denza, Fangchengbao and Yangwang; Geely Holding Group to Geely, Zeekr, Lynk & Co and Volvo; SAIC Motor to MG, Roewe, Rising Auto and IM Motors; Changan Automobile to Deepal, Avatr and Changan. A dashed circle at the right lists GAC, Dongfeng, Chery, Changcheng and JAC as others. A row of cars stands beneath each group.

EV & mobility

Chinese EV brands: who owns what

Denza, Yangwang, ONVO, MONA, Zeekr, Lynk & Co, MG, Avatr. Most of the names arriving in Europe belong to seven groups, one of which also owns Volvo, and one phone company that owns no carmaker at all.

12 Sept 2026 · Deep dive · 10 min

EV & mobility

NIO's premium brand is doing the volume brand's job

Group deliveries rose 14.5% in August. Inside that number the expensive brand doubled and the cheap one halved - which is the reverse of what the strategy called for.

12 Sept 2026 · Analysis · 5 min

Northline Post publishes information and opinion, not investment advice. Nothing here is a recommendation to buy or sell any security. The author may hold positions in companies covered. Disclaimer