NIO posts 57.6% jump in February 2026 deliveries

NIO Inc. reported strong February 2026 operating metrics, delivering 20,797 vehicles, a 57.6% year-over-year increase.

Rhea-AI Filing Summary

NIO Inc. reported strong February 2026 operating metrics, delivering 20,797 vehicles, a 57.6% year-over-year increase. The total included 15,159 vehicles from the premium NIO brand, 2,981 from the family-oriented ONVO brand, and 2,657 from the small smart high-end FIREFLY brand. Cumulative deliveries reached 1,045,571 as of February 28, 2026.

The company also highlighted energy-network milestones. On February 6, 2026, NIO completed 100 million cumulative battery swaps, underscoring broad adoption of its battery swapping model in China. During the Chinese New Year holiday, daily battery swap volumes hit record highs for five consecutive days, pointing to heavy user reliance on NIO’s swapping and charging network.

Positive

• Strong volume growth: February 2026 deliveries of 20,797 vehicles rose 57.6% year over year, with contributions from NIO, ONVO and FIREFLY brands, indicating expanding demand across multiple product lines.
• Battery-swap scale milestone: Completion of 100 million cumulative battery swaps and record daily volumes over the Chinese New Year period highlight heavy usage of NIO’s energy network and validation of its swapping model in China.

Negative

• None.

Insights

EV sector fundamentals analyst

February deliveries and battery-swap usage show robust operating momentum for NIO.

NIO delivered 20,797 vehicles in February 2026, up 57.6% year over year, with contributions from its NIO, ONVO and FIREFLY brands. Cumulative deliveries stood at 1,045,571 as of February 28, 2026, signaling growing scale across multiple market segments.

The company also reported 100 million cumulative battery swaps achieved on February 6, 2026, and record daily swap volumes for five consecutive days during the Chinese New Year holiday. These figures indicate substantial utilization of its swapping network, while the actual financial impact will depend on future vehicle sales and service margins disclosed in periodic reports.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many vehicles did NIO (NIO) deliver in February 2026?

NIO delivered 20,797 vehicles in February 2026, a 57.6% year-over-year increase. The total included 15,159 NIO-brand vehicles, 2,981 ONVO vehicles, and 2,657 FIREFLY vehicles, reflecting broad demand across its three smart electric vehicle brands.

What was NIO’s year-over-year delivery growth in February 2026?

NIO’s February 2026 deliveries grew 57.6% year over year to 20,797 vehicles. This growth was driven by sales across the premium NIO brand, family-focused ONVO brand, and small high-end FIREFLY brand, highlighting the company’s expanding presence in multiple electric vehicle segments.

What is NIO’s cumulative vehicle delivery total as of February 28, 2026?

As of February 28, 2026, NIO’s cumulative vehicle deliveries reached 1,045,571. This figure aggregates deliveries from its NIO, ONVO and FIREFLY brands over time, illustrating the scale the company has achieved in the global smart electric vehicle market.

What battery swap milestone did NIO (NIO) reach in February 2026?

On February 6, 2026, NIO completed 100 million cumulative battery swaps. This milestone underscores broad adoption of its battery swapping model in China and reflects the company’s focus on providing convenient energy solutions to its smart electric vehicle users.

How did NIO’s battery swap usage trend during Chinese New Year 2026?

During the Chinese New Year holiday in 2026, NIO recorded record-high daily battery swap volumes for five consecutive days. This pattern indicates strong reliance by users on NIO’s battery swapping network and showcases the company’s ability to support high service demand periods.

Which brands contributed to NIO’s February 2026 deliveries?

February 2026 deliveries of 20,797 vehicles were composed of 15,159 NIO-brand premium smart EVs, 2,981 ONVO family-oriented vehicles, and 2,657 FIREFLY small smart high-end cars. This mix shows NIO’s multi-brand strategy targeting different user groups within the electric vehicle market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/02/2026 - 06:05 AM EST Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2026

Commission File Number: 001-38638

NIO Inc.

(Registrant’s Name)

Building 19, No. 1355, Caobao Road, Minhang District
Shanghai, People’s Republic of China

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F x     Form 40-F ¨

EXHIBIT INDEX

Exhibit No.		Description
99.1		NIO Inc. Provides February 2026 Delivery Update

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	NIO Inc.
	By	:	/s/ Yu Qu
	Name	:	Yu Qu
	Title	:	Chief Financial Officer

Date: March 2, 2026

Exhibit 99.1

NIO Inc. Provides February 2026 Delivery Update

• 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 57.6% year-over-year. The deliveries consisted of 15,159 vehicles from the Company’s premium smart electric vehicle brand NIO, 2,981 vehicles from the Company’s family-oriented smart electric vehicle brand ONVO, and 2,657 vehicles from the Company’s small smart high-end electric car brand FIREFLY. Cumulative deliveries reached 1,045,571 as of February 28, 2026.

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

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 9.9 KB