Quarterly Total Revenues Reached RMB25,532.7 Million (US$3,701.5 Million)i Quarterly Vehicle Deliveries Were 83,465 Units SHANGHAI, China, May 21, 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 unaudited financial results for the first quarter ended March ...
Quarterly Total Revenues Reached RMB25,532.7 Million (US$3,701.5 Million)i Quarterly Vehicle Deliveries Were 83,465 Units SHANGHAI, China, May 21, 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 unaudited financial results for the first quarter ended March 31, 2026. Operating Highlights for the First Quarter of 2026 Vehicle deliveries were 83,465 in the first quarter of 2026, representing an increase of 98.3% from the first quarter of 2025, and a decrease of 33.1% from the fourth quarter of 2025. The deliveries consisted of 58,543 vehicles from NIO brand, 13,339 vehicles from ONVO brand, and 11,583 vehicles from FIREFLY brand. Key Operating Results 2026 Q1 2025 Q4 2025 Q3 2025 Q2 Deliveries 83,465 124,807 87,071 72,056 2025 Q1 2024 Q4 2024 Q3 2024 Q2 Deliveries 42,094 72,689 61,855 57,373 Financial Highlights for the First Quarter of 2026 Vehicle sales were RMB22,783.7 million (US$3,302.9 million) in the first quarter of 2026, representing an increase of 129.2% from the first quarter of 2025 and a decrease of 27.9% from the fourth quarter of 2025. were RMB22,783.7 million (US$3,302.9 million) in the first quarter of 2026, representing an increase of 129.2% from the first quarter of 2025 and a decrease of 27.9% from the fourth quarter of 2025. Vehicle margin ii was 18.8% in the first quarter of 2026, compared with 10.2% in the first quarter of 2025 and 18.1% in the fourth quarter of 2025. was 18.8% in the first quarter of 2026, compared with 10.2% in the first quarter of 2025 and 18.1% in the fourth quarter of 2025. Total revenues were RMB25,532.7 million (US$3,701.5 million) in the first quarter of 2026, representing an increase of 112.2% from the first quarter of 2025 and a decrease of 26.3% from the fourth quarter of 2025. were RMB25,532.7 million (US$3,701.5 million) in the first quarter of 2026, representing an increase o...