NIO Inc. Provides February 2026 Delivery Update
Rhea-AI Summary
NIO (NYSE: NIO) reported February 2026 deliveries of 20,797 vehicles, up 57.6% YoY, and 47,979 year-to-date deliveries, up 77.3% YoY. Cumulative deliveries reached 1,045,571 as of February 28, 2026.
Deliveries by brand: NIO 15,159; ONVO 2,981; FIREFLY 2,657. On February 6, 2026, NIO completed 100 million cumulative battery swaps, and daily swap volumes hit record highs over the Chinese New Year holiday.
Positive
- February deliveries 20,797 (+57.6% YoY)
- Year-to-date deliveries 47,979 (+77.3% YoY)
- Cumulative deliveries reached 1,045,571 as of Feb 28, 2026
- Completed 100 million cumulative battery swaps on Feb 6, 2026
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
While NIO is down 4.32%, key EV peers RIVN, LI, XPEV and STLA show modest gains (from 0.16% to 0.94%), with only GM lower, indicating a stock-specific move rather than a sector-wide drop.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 26 | Earnings date notice | Neutral | -1.9% | Set date and time for release of Q4 and full-year 2025 results. |
| Feb 26 | Subsidiary investment | Positive | -1.9% | RMB2.257 billion cash investment into GeniTech with NIO retaining control. |
| Feb 05 | Profit alert Q4 2025 | Positive | +5.9% | Guided to swing from large adjusted operating loss to profit in Q4 2025. |
| Feb 01 | January deliveries | Positive | -3.8% | Reported 27,182 January deliveries with strong year-over-year growth by brand. |
| Jan 01 | Dec/full-year deliveries | Positive | +0.8% | Record December, Q4 and full-year 2025 deliveries with strong YoY growth. |
Recent delivery and investment announcements often coincided with mixed to negative next-day moves despite generally positive fundamentals.
Over the past few months, NIO has consistently highlighted delivery growth, profitability improvement and capital actions. December and full-year 2025 deliveries reached record levels, followed by strong January 2026 growth. A February 2026 profit alert pointed to a swing to operating profit versus prior-year losses. The company also announced a RMB2.257 billion investment into a subsidiary and scheduled its Q4/FY 2025 earnings date. Against this backdrop, the latest February 2026 delivery update continues the theme of rising volumes and operational milestones.
Market Pulse Summary
This announcement underscores continued delivery momentum, with 20,797 vehicles in February 2026 and cumulative deliveries surpassing 1,045,571, alongside a milestone of 100 million battery swaps. Recent history shows a pattern of strong volume growth, record quarters, and progress toward profitability. Investors may focus on how this operational scale interacts with past capital-raising activity, upcoming Q4/FY 2025 results, and the sustainability of high year-over-year growth rates.
Key Terms
battery swapping technical
AI-generated analysis. Not financial advice.
- 20,797 vehicles were delivered in February 2026, increasing by
57.6% year-over-year - 47,979 vehicles were delivered year-to-date in 2026, increasing by
77.3% year-over-year - Cumulative deliveries reached 1,045,571 as of February 28, 2026
SHANGHAI, March 01, 2026 (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 its February 2026 delivery results.
The Company delivered 20,797 vehicles in February 2026, representing an increase of
On February 6, 2026, NIO reached a historic milestone of completing 100 million cumulative battery swaps, demonstrating large-scale validation of its battery swapping model and further reinforcing battery swapping as a mainstream energy solution for electric vehicles in China. During the Chinese New Year holiday, daily battery swap volumes reached record highs for five consecutive days, reflecting both strong user reliance and NIO’s robust service capabilities. NIO’s comprehensive battery swapping and charging network ensures efficient, worry-free and seamless travel experiences for users.
About NIO Inc.
NIO Inc. is a pioneer and a leading company in the global smart electric vehicle market. Founded in November 2014, NIO aspires to shape a sustainable and brighter future with the mission of “Blue Sky Coming”. NIO envisions itself as a user enterprise where innovative technology meets experience excellence. NIO designs, develops, manufactures and sells smart electric vehicles, driving innovations in next-generation core technologies. NIO distinguishes itself through continuous technological breakthroughs and innovations, exceptional products and services, and a community for shared growth. NIO provides premium smart electric vehicles under the NIO brand, family-oriented smart electric vehicles through the ONVO brand, and small smart high-end electric cars with the FIREFLY brand.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. NIO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements, circulars or other publications made on the websites of each of The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIO’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIO’s strategies; NIO’s future business development, financial condition and results of operations; NIO’s ability to develop and manufacture vehicles of sufficient quality and appeal to customers on schedule and on a large scale; its ability to ensure and expand manufacturing capacities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of the battery swapping, BaaS, and NIO Assisted and Intelligent Driving and its subscription services; its ability to improve the technologies or develop alternative technologies in meeting evolving market demand and industry development; NIO’s ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales of its vehicles; its ability to control costs associated with its operations; its ability to build its current and future brands; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIO’s filings with the SEC and the announcements and filings on the websites of each of the SEHK and SGX-ST. All information provided in this press release is as of the date of this press release, and NIO does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For more information, please visit: http://ir.nio.com
Investor Relations
ir@nio.com
Media Relations
global.press@nio.com
FAQ
How many vehicles did NIO (NIO) deliver in February 2026?
What were NIO's year-to-date deliveries for 2026 through February?
What is NIO's cumulative delivery total as of February 28, 2026?
What battery swap milestone did NIO announce in February 2026?
How did NIO's brands contribute to February 2026 deliveries (NIO, ONVO, FIREFLY)?
