NIO Delivers 83,000 Vehicles in Q1 2026, Generating RMB 22.78 Billion in Revenue

In the first quarter of 2026, NIO delivered 83,000 vehicles, a year-over-year increase of 98.3%, and generated vehicle sales revenue of RMB 22.78 billion, up 129.2% year-over-year. Of these deliveries, the NIO brand accounted for 58,000 units, representing nearly 70% of total sales; the Onvo brand sold 13,000 units, and the Firefly brand sold 11,000 units. The rising share of sales from the higher-margin NIO brand contributed significantly to the overall growth in sales revenue. NIO addresses different market segments through its three brands: NIO, Onvo, and Firefly.