NIO Delivers 35,486 Vehicles in March 2026, Up 136%

NIO Inc., the Chinese electric vehicle maker, reported delivering 35,486 vehicles in March 2026, a 136 percent increase from the same month a year earlier, boosting its shares more than 9 percent in New York trading on April 1. The Shanghai-based company released the figures from its headquarters, highlighting a first-quarter total of 83,465 vehicles across its three brands, which nearly doubled year-over-year volumes and fell within its guidance range of 80,000 to 83,000 units.

The March deliveries broke down to 22,490 units for the core NIO brand, 6,877 for the family-oriented ONVO brand, and 6,119 for the compact premium FIREFLY brand. Cumulative deliveries reached 1,081,057 vehicles as of March 31, crossing the one-million milestone during the quarter. This performance reflects NIO's multi-brand strategy targeting diverse customer segments, with each line showing growth amid China's competitive EV market.

A standout was the all-new ES8 flagship SUV, which achieved 80,000 deliveries on March 20, just 181 days after launch. The model has led China's large SUV segment for three consecutive months, across all powertrains and price points, according to company data. NIO...