Nio Inc has delivered 37,705 vehicles in May, setting a new monthly record for the Chinese electric vehicle maker. This figure represents a significant increase from last year, with a 62.3% rise in deliveries compared to the same period in 2025. The company's cumulative vehicle deliveries have reached 1,148,118 units as of May 31, 2026.
The main Nio brand delivered 20,013 vehicles in May, up 50.81% year-on-year and 5.20% from April. This growth is attributed to the solid position of the premium market, with the third-generation ES8 large SUV reaching its 110,000th delivery milestone in just 245 days.
The Onvo L80 became a key factor in boosting the Onvo brand's sales, with the mass-market sub-brand delivering 12,029 vehicles in May and surging 91.51% year-on-year. The new model L80 launched on May 15 and delivered 5,949 units within just 15 days of its launch.
The Firefly sub-brand also reported a significant increase in deliveries, with 5,663 vehicles sold in May and up 53.89% year-on-year. This growth is attributed to the brand's strong market share in the premium compact car market.
Nio's delivery performance has been driven by its solid position in the premium market and the successful launch of new models such as the ES9 and L80. The company's focus on electric vehicles and innovative technologies has also contributed to its growth.
The surge in Nio's deliveries is a positive sign for the company's growth and market share in China. However, the company still faces intense competition from other Chinese EV makers and needs to maintain its momentum to stay ahead in the market.
Nio's cumulative vehicle deliveries have reached 1,148,118 units as of May 31, 2026, with the main brand delivering 97,580 vehicles in the first five months of the year. This represents a 63.04% increase compared to the same period last year.
The company's delivery performance is expected to continue to drive growth and market share in China. However, Nio needs to focus on maintaining its momentum and addressing any challenges that may arise in the competitive EV market.
Nio Inc's strong financial performance has been driven by its successful deliveries of electric vehicles and innovative technologies.
The surge in Nio's deliveries is a positive sign for the company's growth and market share in China.
