Nio delivered 40,597 vehicles in June, its highest monthly total so far in 2026, according to figures released by the company on Wednesday.
The June result represented a 62.88% increase from a year earlier and a 7.67% rise from May, supported by strong demand across the company’s three vehicle brands.
Second-Quarter Deliveries Miss Guidance
Nio delivered 107,658 vehicles during the second quarter, below its previously issued guidance of between 110,000 and 115,000 units.
Despite falling short of expectations, second-quarter deliveries still increased 49.41% from the same period last year, reflecting continued momentum from the company’s multi-brand strategy.
During the first half of 2026, Nio delivered a record 191,123 vehicles, up 67.43% year on year.
As of June 30, cumulative deliveries since the company’s launch reached 1,188,715 vehicles.
All Three Brands Post Strong Growth
The flagship Nio brand delivered 21,908 vehicles in June, an increase of 50.13% from a year earlier.
Family-focused brand Onvo delivered 11,743 vehicles, up 83.48%, while premium compact brand Firefly delivered 6,946 vehicles, representing year-on-year growth of 76.65%.
The weaker-than-expected second-quarter performance was largely due to softer deliveries in April, when the company delivered 29,356 vehicles before rebounding to 37,705 units in May and more than 40,000 in June.
Flagship Models Support Sales
Nio’s recently launched ES9 flagship SUV surpassed 10,000 deliveries on June 26, approximately one month after customer deliveries began on May 28.
The company said the ES9 achieved the fastest delivery pace among premium battery-electric vehicles priced above 500,000 yuan in China.
The model starts at 498,000 yuan, while customers choosing the Battery as a Service (BaaS) subscription option can reduce the initial purchase price to 390,000 yuan.
Meanwhile, the third-generation ES8 reached cumulative deliveries of 120,000 vehicles. The five-seat version opened for pre-orders on June 28 and is scheduled to officially launch on July 9.
Onvo’s L60 SUV also passed the milestone of 100,000 cumulative deliveries after the updated version entered the market with Nio’s self-developed Shenji NX9031 intelligent driving chip.
Technology and Infrastructure Expansion
Nio released an updated version of its Nio World Model intelligent driving software in June, simultaneously deploying the upgrade to more than 700,000 users.
The company said it is the first automaker to synchronize intelligent driving software development across both third-party semiconductor platforms and its own in-house chips.
Separately, Nio Power signed a strategic agreement with Zhongan Energy to jointly build 500 battery swap stations within one year, expanding the company’s nationwide battery-swapping and charging infrastructure.
Investors will closely watch Nio’s upcoming quarterly earnings after the company achieved non-GAAP profitability for two consecutive quarters.
Deutsche Bank recently projected that stronger sales of higher-margin SUV models could help Nio report a second consecutive quarterly non-GAAP profit, estimating net profit of approximately 180 million yuan for the second quarter.
