NYSE:NIOAuto
NIO Record Deliveries Test Multi Brand Expansion And Profitability Hopes
NIO (NYSE:NIO) reported record March deliveries of 35,486 vehicles, up 136% year over year.
First quarter 2026 deliveries reached 83,465 vehicles, up 98.3% year over year.
Growth was supported by ramping new brands ONVO and FIREFLY and continued global expansion.
NIO opened its first Americas NIO House in Costa Rica and is preparing major product launches.
NIO, trading at $6.03, has had a mixed longer term share price path, with a 55.8% gain over the past year, a 34.5% decline over three...