NIO Inc. (NIO) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Nio Inc. (NIO) shares rose about 1% in U.S. premarket after the company named NBA Hall of Famer Yao Ming as chief experience officer for its upcoming ES9 flagship SUV, ahead of the Wednesday launch in Beijing. The ES9 starts at 528,000 yuan ($77,800) and includes a 5,000 yuan deposit offset. Nio expects improving May-June deliveries and reported Q1 2026 revenue of 25.53 billion yuan and adjusted operating profit of 66.8 million yuan.

Nio’s U.S.-listed shares fell about 3% after BlackRock disclosed it cut its Nio stake by nearly 12% in Q2, selling 1.2 million shares to 9.5 million, valued at $47.9 million at June 30. The move came as Nio said ES9 deliveries hit 20,000 units in 73 days and Deutsche Bank raised its ES9 forecast to 56,000 for 2026.

Nio said it began operating its fifth-generation battery swap stations on Aug 7, 2026 in seven Chinese cities, linking its Firefly EV brand to the swap network for the first time. The stations cut swap time to 1 min 48 sec, hold 28 packs, and support wheelbases up to 3.5 m. Nio reported 120 million cumulative swaps and 9,166 charging and swap facilities in China.

NIO reported record July vehicle deliveries, with April deliveries at 29,356 vehicles up 22.8% YoY, and April vehicle sales of $3.14 billion up 129.2% YoY, according to NIO. Vehicle margin rose to 18.8% from 10.2% a year earlier, and operating cash flow turned positive. Analysts expect a smaller June-quarter loss of $0.07 EPS and Q2 deliveries of 11,000 to 11,500; Goldman upgraded NIO to Buy with a $7 target.

NIO Inc. reported July 2026 deliveries of 35,934 vehicles, up 71% year over year, including 20,008 NIO-brand, 10,155 ONVO and 5,771 FIREFLY units. Year to date deliveries rose 68% to 227,057. The All-New ES8 Five-Seat Version began deliveries July 10. Next earnings are estimated for Sept. 1.

NIO Inc. reported July 2026 vehicle deliveries of 35,934, up 71.0% year over year. Year to date deliveries were 227,057, up 68.0% year over year. Cumulative deliveries reached 1,224,649 as of July 31, 2026, with July sales split across NIO, ONVO, and FIREFLY brands.