- The Nio main brand delivered 15,159 vehicles in February, representing a 65.80% year-on-year increase.
- The 2026 Spring Festival holiday was in mid-to-late February, leading to seasonal weakness across the industry.
Nio Inc Monthly Deliveries 2024-2026
Month
2024
2025
2026
January
10,055
13,863
27,182
February
8,132
13,192
20,797
March
11,866
15,039
April
15,620
23,900
May
20,544
23,231
June
21,209
24,925
July
20,498
21,017
August
20,176
31,305
September
21,181
34,749
October
20,976
40,397
November
20,575
36,275
December
31,138
48,135
Nio Inc monthly deliveries
2024
2025
2026
Nio Inc (NYSE: NIO, HKG: 9866) achieved substantial year-on-year growth in February deliveries despite the widespread negative impact of the Chinese New Year holiday on production and deliveries across China’s auto industry.
The Chinese electric vehicle (EV) maker announced on Sunday that it delivered 20,797 new vehicles in February, a 57.6% year-on-year increase despite a 23.49% decline from January.
The 2026 Spring Festival holiday fell in mid-to-late February, while last year it was primarily January. This caused seasonal weakness across the industry, with competitors’ deliveries also broadly impacted.
Within February’s total deliveries, the Nio main brand contributed 15,159 units, up 65.80% year-on-year but down 27.45% from January.
Nio Brand Monthly Deliveries 2024-2026
Month
2024
2025
2026
January
10,055
7,951
20,894
February
8,132
9,143
15,159
March
11,866
10,219
April
15,620
19,269
May
20,544
13,270
June
21,209
14,593
July
20,498
12,675
August
20,176
10,525
September
20,349
13,728
October
16,657
17,143
November
15,493
18,393
December
20,610
31,897
Nio brand monthly deliveries
2024
2025
2026
Its sub-brand Onvo delivered 2,981 vehicles, down 26.38% year-on-year and down 14.36% month-on-month.
Onvo Monthly Deliveries 2024-2026
Month
2024
2025
2026
January
5,912
3,481
February
4,049
2,981
March
4,820
April
4,400
May
6,281
June
6,400
July
5,976
August
16,434
September
832
15,246
October
4,319
17,342
November
5,082
11,794
December
10,528
9,154
Onvo monthly deliveries
2024
2025
2026
The Firefly sub-brand delivered 2,657 units, down 5.34% from January.
Firefly Monthly Deliveries 2025-2026
Month
2025
2026
January
2,807
February
2,657
April
231
May
3,680
June
3,932
July
2,366
August
4,346
September
5,775
October
5,912
November
6,088
December
7,084
Firefly monthly deliveries
2025
2026
The all-new ES8, serving as the core profit engine, continued its strong performance. The flagship SUV reached its 70,000th delivery by late February, further solidifying Nio’s position in the premium market.
Benefiting from robust sales of high-margin models, the market anticipates Nio will report its first quarterly profit in the earnings announcement scheduled for March 10.
Its chip subsidiary, GeniTech Co Ltd (Shenji), recently completed its first round of financing exceeding 2.2 billion yuan ($320 million), with a valuation approaching 10 billion yuan.
Infrastructure-wise, Nio reached the milestone of 100 million battery swaps in early February, with daily battery swap service volume during the Spring Festival period increasing by 29.4% year-on-year.
To address first-quarter sales pressure and boost March demand, Nio announced the extension of its 7-year low-interest loans for multiple models under its main brand until the end of this month.
In the meantime, Nio introduced a 10,000 yuan purchase tax subsidy for the ES8 to sustain sales momentum.
The Onvo brand launched a purchase tax subsidy of up to 10,262 yuan, while the Firefly brand offered a 3,000 yuan optional equipment fund and a 2,000 yuan purchase tax subsidy.
Models under the Onvo and Firefly brands are also eligible for the 7-year low-interest loans.
Earlier this month, Nio issued a rare profit alert, projecting fourth-quarter non-GAAP operating profit between RMB 700 million and RMB 1.2 billion.
($1 = 6.8582 yuan)
