$NIO

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 says it completed its 100 millionth battery swap in China in February 2026, citing about 3,729 swap stations and claiming 83.41 million hours and RMB 26.3 billion in savings versus petrol over the same distance. The article contrasts NIO’s car-specific stations with CATL’s Choco Swap standard, and discusses costs, standardization, and export hurdles.

U.S. stock futures eased after a strong H1 rally, with Dow up about 8.9%, S&P 500 up 9.6%, Nasdaq up 12.8%, and Russell 2000 up about 22%. Traders look ahead to ADP and Thursday’s nonfarm payrolls for Fed signals. Several stocks moved premarket: NKE -4%, TSLA deliveries ~410k expected, NIO -4%, MU -4%, LUNR +8%, ASTS +20%, CVKD -16%.

Benchmark Mineral Intelligence data cited by Reuters show global EV and PHEV sales rose 9% YoY in July to about 1.85 million units, with 11.5 million YTD. Europe rose 33% to ~450,000 on incentives. China fell 5% to 980,000 as hybrid and range-extended EV sales dropped 21%. US EV/PHEV volume fell 27% to 140,000 ahead of the Sept 30, 2025 Clean Vehicle Credit end.

NIO Inc. shares fell 4.15% to $4.62 in the latest session, underperforming the S&P 500, Dow, and Nasdaq. Over a month, NIO is down 2.23% versus the auto-tires-trucks sector down 10.61%. Ahead of earnings, consensus calls for EPS of -$0.07 and revenue of $4.78B; full-year EPS -$0.1 and revenue $19.24B, per Zacks.

According to Deutsche Bank’s latest SEC 13F filing, it cut its Nio stake by 17.9% in Q2 to 341,698 ADS, while adding to XPeng and Li Auto. Deutsche Bank increased XPeng by 597% to nearly 1.2 million ADS (about $15.6 million) and Li Auto by 73.2% to 751,717 ADS (about $8.8 million).

NIO shares fell about 5% after BlackRock’s 13F showed a 12% cut to its NIO stake, a 45-day-old snapshot. BlackRock also increased stakes in LCID to 12 million shares and RIVN to 56 million. NIO reported July deliveries up 71% YoY to 35,934 vehicles, but the disclosure drove the move.

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 said its ES9 flagship reached 10,000 handovers in 26 days and the next 10,000 in about six weeks, with top trims facing 13 to 14 week waits. July deliveries rose 71% year over year to 35,934, with 227,000 vehicles in seven months. Deutsche Bank expects non-GAAP breakeven in Q2. Nio is expanding fifth-generation battery swap stations and developing a 120 kWh pack.