In May 2026, the all-new Nio ES8 delivered 11,475 new vehicles. To date, it has secured the sales crown for five consecutive months in both the large SUV segment and the market for vehicles priced above RMB 400,000, further solidifying its leadership position in the premium all-electric SUV market with its exceptional market performance.
On May 23, the all-new Nio ES8 reached the milestone of its 110,000th delivery. Just one month prior, it had set a new record as the fastest-selling premium vehicle priced above RMB 400,000 in China’s passenger car market to reach 100,000 deliveries. Only a month later, it has now achieved another 10,000-unit delivery milestone, demonstrating strong sales momentum and signaling that the golden era of large, three-row all-electric SUVs has arrived.
On May 23, the all-new Nio ES8 reached the milestone of its 110,000th delivery. Just one month prior, it had set a new record as the fastest-selling premium vehicle priced above RMB 400,000 in China’s passenger car market to reach 100,000 deliveries. Only a month later, it has now achieved another 10,000-unit delivery milestone, demonstrating strong sales momentum and signaling that the golden era of large, three-row all-electric SUVs has arrived.
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In May 2026, Nio delivered 37,705 new vehicles, up 62.3% year-over-year and 28.4% month-over-month. Among them, the Nio brand delivered 20,013 new vehicles, up 50.8% year-over-year; the Onvo brand delivered 12,029 new vehicles, up 91.5% year-over-year and 124.8% month-over-month; and the Firefly brand delivered 5,663 new vehicles, up 53.9% year-over-year and 13.7% month-over-month. In the first five months of this year, Nio has delivered a total of 150,526 new vehicles, an increase of 68.7% year-over-year. To date, Nio has cumulatively delivered 1,148,118 new vehicles.
May marked a period of intensive new product launches and deliveries for Nio. The tech-focused executive flagship SUV, the Nio ES9, was officially launched and began deliveries on May 27. The Onvo L80 was officially launched and started deliveries on May 15. Deliveries of the 2026 Onvo L90 began on May 9. The new Onvo L60 made its official debut and opened for pre-orders on May 29 at the 30th Greater Bay Area Auto Show. Display units have already started arriving at stores nationwide and will be officially launched on June 11.
The all-new Nio ES8 reached the milestone of its 110,000th delivery in just 245 days, maintaining its position as the best-selling large SUV and the top-selling vehicle priced above RMB 400,000 across all powertrain types for five consecutive months. The golden era of large three-row all-electric SUVs has arrived. The Onvo L80 delivered 5,949 units within just 15 days of its launch, setting a new record for delivery speed among large five-seat all-electric SUVs...
May marked a period of intensive new product launches and deliveries for Nio. The tech-focused executive flagship SUV, the Nio ES9, was officially launched and began deliveries on May 27. The Onvo L80 was officially launched and started deliveries on May 15. Deliveries of the 2026 Onvo L90 began on May 9. The new Onvo L60 made its official debut and opened for pre-orders on May 29 at the 30th Greater Bay Area Auto Show. Display units have already started arriving at stores nationwide and will be officially launched on June 11.
The all-new Nio ES8 reached the milestone of its 110,000th delivery in just 245 days, maintaining its position as the best-selling large SUV and the top-selling vehicle priced above RMB 400,000 across all powertrain types for five consecutive months. The golden era of large three-row all-electric SUVs has arrived. The Onvo L80 delivered 5,949 units within just 15 days of its launch, setting a new record for delivery speed among large five-seat all-electric SUVs...
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On May 29 Beijing time, the 30th Greater Bay Area Auto Show (hereinafter referred to as 'GBA Auto Show') officially opened.
Under the theme 'A Vast New Realm,' Nio made a strong showing with its three brands—NIO, ONVO, and firefly—presenting 11 vehicle models and 12 full-stack technologies. At this year’s GBA Auto Show, Nio’s booth is twice the size of last year’s, featuring the global debut and pre-sale launch of the new ONVO L60.
As the host region of this year’s GBA Auto Show, Guangdong has taken the lead globally in the adoption of smart electric vehicles and stands as one of Nio’s fastest-growing core markets. From January to April this year, Nio’s sales in Guangdong exceeded 17,000 units, a year-over-year increase of over 123%.
At the event, Nio founder, chairman, and CEO William Li said, 'This year, we’re exhibiting all three of our brands together—you can see NIO, ONVO, and firefly side by side, with a total of 11 models on display. This marks my third consecutive appearance at the GBA Auto Show, and I’ve personally witnessed the rapid growth of Guangdong’s new energy vehicle market over the past two years. The Greater Bay Area is becoming one of Nio’s fastest-growing and most dynamic core markets.'
Nio’s booth featured 12 dedicated zones showcasing its full-stack technologies, comprehensively presenting innovations including the flagship intelligent driving chip 'Shenji NX9031,' the Tianxing intelligent chassis system, and the 900V high-performance intelligent electric drive system, among others...
Under the theme 'A Vast New Realm,' Nio made a strong showing with its three brands—NIO, ONVO, and firefly—presenting 11 vehicle models and 12 full-stack technologies. At this year’s GBA Auto Show, Nio’s booth is twice the size of last year’s, featuring the global debut and pre-sale launch of the new ONVO L60.
As the host region of this year’s GBA Auto Show, Guangdong has taken the lead globally in the adoption of smart electric vehicles and stands as one of Nio’s fastest-growing core markets. From January to April this year, Nio’s sales in Guangdong exceeded 17,000 units, a year-over-year increase of over 123%.
At the event, Nio founder, chairman, and CEO William Li said, 'This year, we’re exhibiting all three of our brands together—you can see NIO, ONVO, and firefly side by side, with a total of 11 models on display. This marks my third consecutive appearance at the GBA Auto Show, and I’ve personally witnessed the rapid growth of Guangdong’s new energy vehicle market over the past two years. The Greater Bay Area is becoming one of Nio’s fastest-growing and most dynamic core markets.'
Nio’s booth featured 12 dedicated zones showcasing its full-stack technologies, comprehensively presenting innovations including the flagship intelligent driving chip 'Shenji NX9031,' the Tianxing intelligent chassis system, and the 900V high-performance intelligent electric drive system, among others...
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On May 23, 2026, Nio completed the delivery of the 110,000th all-new ES8 in Nanjing. Since deliveries began on September 21, 2025, the all-new ES8 has reached this 110,000-unit milestone in just 245 days. Only one month ago, the all-new ES8 set a new record as the fastest-selling premium passenger vehicle priced above RMB 400,000 in China to reach 100,000 deliveries. Just one month later, it has already achieved another 10,000-unit delivery milestone, further solidifying its dominant position in the segment.
Mr. Cao, recipient of the 110,000th all-new ES8, was previously an owner of a traditional luxury mid-to-large-size gasoline-powered sedan. He stated that his decision to switch to the all-new ES8 was driven not only by its poised yet dynamic design but also by the vehicle’s exceptional safety standards and Nio’s flexible battery charging and swapping ecosystem. Mr. Cao specifically highlighted the convenience of Nio’s three-minute battery swap—offering rapid energy replenishment without long waits—and noted that it truly matches the hassle-free experience of refueling a gasoline car, completely alleviating his concerns about range and charging.
In April 2026, retail sales of Nio's all-new ES8 reached 13,020 units, securing the top spot nationwide for large SUVs and vehicles priced above RMB 400,000 for the fifth consecutive month. In Jiangsu Province, the all-new ES8 has also ranked first among large SUVs for five consecutive months and has led the Nanjing market in its segment for six consecutive months. Across the entire Yangtze River Delta region, the all-new ES8 now accounts for nearly 50% of the large SUV market...
Mr. Cao, recipient of the 110,000th all-new ES8, was previously an owner of a traditional luxury mid-to-large-size gasoline-powered sedan. He stated that his decision to switch to the all-new ES8 was driven not only by its poised yet dynamic design but also by the vehicle’s exceptional safety standards and Nio’s flexible battery charging and swapping ecosystem. Mr. Cao specifically highlighted the convenience of Nio’s three-minute battery swap—offering rapid energy replenishment without long waits—and noted that it truly matches the hassle-free experience of refueling a gasoline car, completely alleviating his concerns about range and charging.
In April 2026, retail sales of Nio's all-new ES8 reached 13,020 units, securing the top spot nationwide for large SUVs and vehicles priced above RMB 400,000 for the fifth consecutive month. In Jiangsu Province, the all-new ES8 has also ranked first among large SUVs for five consecutive months and has led the Nanjing market in its segment for six consecutive months. Across the entire Yangtze River Delta region, the all-new ES8 now accounts for nearly 50% of the large SUV market...
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On May 22, Nio officially signed an agreement with the Kunming Biodiversity Fund (Kunming Fund), becoming the first company to contribute funding to the Kunming Fund. Nio will launch a dedicated initiative, committing financial resources and supporting assets to the Kunming Fund specifically to support biodiversity conservation efforts in developing countries.
The Chinese Chair of the Kunming Fund, the Acting UNDP Resident Representative in China, and Qin Lihong, Co-founder and President of Nio, jointly witnessed the signing ceremony on-site. Shen Feng, Executive Vice President of Nio and Chair of the Quality Management Committee, representing Nio, signed the cooperation agreement together with the representative of the Kunming Fund recipient organization.
In 2021, China announced the establishment of the Kunming Fund at the 15th meeting of the Conference of the Parties to the Convention on Biological Diversity to support biodiversity conservation efforts in developing countries. On May 28, 2024, China’s Ministry of Ecology and Environment formally signed a cooperation agreement with the United Nations Environment Programme (UNEP) and the United Nations Multi-Partner Trust Fund Office, officially launching the fund.
The Kunming Fund is the world's first biodiversity fund initiated by a developing country and aimed at supporting other developing countries. It consistently adheres to international operational standards and the principle of multilateralism, providing grant-based assistance to help developing countries implement the Kunming-Montreal Global Biodiversity Framework. The fund focuses on key areas including ecosystem conservation and restoration, sustainable use of biodiversity, prevention and control of invasive alien species, and benefit-sharing related to digital sequence information on genetic resources. As of December 2025, it has implemented its first batch of nine projects and approved a second...
The Chinese Chair of the Kunming Fund, the Acting UNDP Resident Representative in China, and Qin Lihong, Co-founder and President of Nio, jointly witnessed the signing ceremony on-site. Shen Feng, Executive Vice President of Nio and Chair of the Quality Management Committee, representing Nio, signed the cooperation agreement together with the representative of the Kunming Fund recipient organization.
In 2021, China announced the establishment of the Kunming Fund at the 15th meeting of the Conference of the Parties to the Convention on Biological Diversity to support biodiversity conservation efforts in developing countries. On May 28, 2024, China’s Ministry of Ecology and Environment formally signed a cooperation agreement with the United Nations Environment Programme (UNEP) and the United Nations Multi-Partner Trust Fund Office, officially launching the fund.
The Kunming Fund is the world's first biodiversity fund initiated by a developing country and aimed at supporting other developing countries. It consistently adheres to international operational standards and the principle of multilateralism, providing grant-based assistance to help developing countries implement the Kunming-Montreal Global Biodiversity Framework. The fund focuses on key areas including ecosystem conservation and restoration, sustainable use of biodiversity, prevention and control of invasive alien species, and benefit-sharing related to digital sequence information on genetic resources. As of December 2025, it has implemented its first batch of nine projects and approved a second...
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On May 21, Nio released its first-quarter 2026 financial results. The company reported an operating profit of RMB 668 million for the quarter, achieving profitability for the second consecutive quarter.
Total revenue for the first quarter reached RMB 25.53 billion, up 112.2% year-over-year. Gross profit totaled RMB 4.86 billion, surging 428.4% year-over-year. The company’s overall gross margin stood at 19.0% for the quarter, the highest in four years. Vehicle gross margin reached 18.8%, marking the fourth consecutive quarter of sequential improvement and hitting a four-year high. Gross margin from other sales reached 20.6%, also a four-year high. Cash reserves rose to RMB 48.2 billion in the first quarter, with positive operating cash flow maintained for the third consecutive quarter.
Nio provided second-quarter 2026 delivery guidance of 110,000 to 115,000 vehicles, representing year-over-year growth of 52.7% to 59.6%. Revenue guidance was set between RMB 32.78 billion and RMB 34.44 billion, reflecting year-over-year growth of 72.4% to 81.2%.
Check out the infographic below for key highlights from Nio’s first-quarter 2026 financial results. We’ll keep pushing forward—let’s charge ahead together!
Total revenue for the first quarter reached RMB 25.53 billion, up 112.2% year-over-year. Gross profit totaled RMB 4.86 billion, surging 428.4% year-over-year. The company’s overall gross margin stood at 19.0% for the quarter, the highest in four years. Vehicle gross margin reached 18.8%, marking the fourth consecutive quarter of sequential improvement and hitting a four-year high. Gross margin from other sales reached 20.6%, also a four-year high. Cash reserves rose to RMB 48.2 billion in the first quarter, with positive operating cash flow maintained for the third consecutive quarter.
Nio provided second-quarter 2026 delivery guidance of 110,000 to 115,000 vehicles, representing year-over-year growth of 52.7% to 59.6%. Revenue guidance was set between RMB 32.78 billion and RMB 34.44 billion, reflecting year-over-year growth of 72.4% to 81.2%.
Check out the infographic below for key highlights from Nio’s first-quarter 2026 financial results. We’ll keep pushing forward—let’s charge ahead together!
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Columns Nio Releases 2025 ESG Report
On May 20, Nio released its '2025 Environmental, Social, and Governance (ESG) Report,' sharing its management approach and achievements in sustainability.
1 Innovation and Circularity
Committed to in-house development and independent research of core technologies, Nio actively advances sustainable product design and circular economy practices, fulfilling its promise of low-carbon mobility through technological innovation.
2 Quality and Co-Creation
Pursuing excellence in quality and product safety, Nio collaborates with partners to build a sustainable supply chain ecosystem, driving industry-wide sustainability with a responsible mindset.
3 Users and Community
Centered on NIO Power, Nio is building an energy replenishment network that seamlessly integrates technological innovation with its user ecosystem, continuously expanding the boundaries of sustainable mobility.
4 Environment and Nature
Staying true to our 'Blue Sky Coming' vision and guided by our carbon reduction goals, we are building a low-carbon operational system across the entire product lifecycle to protect Earth's ecosystems.
5 Inclusion and Shared Prosperity
We uphold diversity, inclusion, equality, and mutual respect, empower employees for sustainable growth, and collaborate with users and nonprofit partners to build a caring and warm community.
6 Compliance and Governance
We adhere strictly to compliant operations and business ethics, strengthen information security and privacy protection, and reinforce our corporate foundation through sound governance.
Nio will remain steadfast in its original mission and persistently pursue excellence. We are committed to delivering high-performance smart electric vehicles and an exceptional user experience to co-create a sustainable and better future.
Click to access Nio's 2025 ESG Report:https://cdn-public.nio.com/www-nio-cn/esg/2025/NIO-2025-ESG-Report-Simplified-Chinese.pdf
1 Innovation and Circularity
Committed to in-house development and independent research of core technologies, Nio actively advances sustainable product design and circular economy practices, fulfilling its promise of low-carbon mobility through technological innovation.
2 Quality and Co-Creation
Pursuing excellence in quality and product safety, Nio collaborates with partners to build a sustainable supply chain ecosystem, driving industry-wide sustainability with a responsible mindset.
3 Users and Community
Centered on NIO Power, Nio is building an energy replenishment network that seamlessly integrates technological innovation with its user ecosystem, continuously expanding the boundaries of sustainable mobility.
4 Environment and Nature
Staying true to our 'Blue Sky Coming' vision and guided by our carbon reduction goals, we are building a low-carbon operational system across the entire product lifecycle to protect Earth's ecosystems.
5 Inclusion and Shared Prosperity
We uphold diversity, inclusion, equality, and mutual respect, empower employees for sustainable growth, and collaborate with users and nonprofit partners to build a caring and warm community.
6 Compliance and Governance
We adhere strictly to compliant operations and business ethics, strengthen information security and privacy protection, and reinforce our corporate foundation through sound governance.
Nio will remain steadfast in its original mission and persistently pursue excellence. We are committed to delivering high-performance smart electric vehicles and an exceptional user experience to co-create a sustainable and better future.
Click to access Nio's 2025 ESG Report:https://cdn-public.nio.com/www-nio-cn/esg/2025/NIO-2025-ESG-Report-Simplified-Chinese.pdf
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In April 2026, Nio's all-new ES8 completed the delivery of 13,020 new vehicles. To date, the all-new ES8 has more than 100,000 users and has set the fastest record for a Chinese high-end model priced above 400,000 yuan to reach 100,000 deliveries. Additionally, the all-new ES8 has been the sales champion in the large SUV and above 400,000 yuan categories for four consecutive months. The golden age of fully electric three-row large SUVs has arrived!
From now until May 31, 2026 (inclusive), car buyers can apply for a 5-year, 60-month installment financing plan provided by Nio's designated partner institutions, starting from 0 down payment. For the first 3 years (36 months), the annualized interest rate is 0%, while for the following 2 years (24 months), the annualized interest rate is 3%. Furthermore, customers who order the all-new ES8 and successfully lock their orders will enjoy a limited-time purchase tax subsidy of 10,000 yuan, 5 years of free usage rights for 'Full-scenario Navigation Assistance NOP+', and a first-class cabin five-piece suite.
From now until May 31, 2026 (inclusive), car buyers can apply for a 5-year, 60-month installment financing plan provided by Nio's designated partner institutions, starting from 0 down payment. For the first 3 years (36 months), the annualized interest rate is 0%, while for the following 2 years (24 months), the annualized interest rate is 3%. Furthermore, customers who order the all-new ES8 and successfully lock their orders will enjoy a limited-time purchase tax subsidy of 10,000 yuan, 5 years of free usage rights for 'Full-scenario Navigation Assistance NOP+', and a first-class cabin five-piece suite.
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In April 2026, Nio delivered 29,356 new vehicles, representing a year-on-year increase of 22.8%. Among them, the Nio brand delivered 19,024 new vehicles; the ONVO brand delivered 5,352 new vehicles, a year-on-year increase of 21.6%; and the firefly brand delivered 4,980 new vehicles. In the first four months of this year, Nio delivered a total of 112,821 new vehicles, a year-on-year increase of 71.0%. To date, Nio has cumulatively delivered 1,110,413 new vehicles.
Starting from April, the company entered a period of intensive launches and deliveries of new products, with teams in manufacturing, marketing, and other areas actively working around these new offerings. The 2026 models of ES6, EC6, ET5, and ET5T were launched and delivered at the beginning of April; the new firefly model has started delivery; the 2026 ONVO L90 was officially launched and will begin delivery on May 9; the highly anticipated ONVO L80 has been unveiled and will be launched and delivered on May 15; and the tech-driven luxury flagship SUV, Nio ES9, will also be launched and delivered by the end of May. We believe everyone will find a product that suits their needs.
The all-new ES8, which completed its 100,000th delivery in 215 days, setting a sales and delivery record for high-end models priced above 400,000 yuan in China's passenger car market, also unveiled its Dark Gold Special Edition at the Beijing Auto Show on April 24. At this Beijing Auto Show, themed 'A Vast New Realm,' Nio is showcasing its three brands—NIO, ONVO, and firefly—for the first time together. Currently, the Beijing Auto Show is experiencing peak visitor traffic, and friends are welcome to visit Nio’s booth during the May Day holiday.
Starting from April, the company entered a period of intensive launches and deliveries of new products, with teams in manufacturing, marketing, and other areas actively working around these new offerings. The 2026 models of ES6, EC6, ET5, and ET5T were launched and delivered at the beginning of April; the new firefly model has started delivery; the 2026 ONVO L90 was officially launched and will begin delivery on May 9; the highly anticipated ONVO L80 has been unveiled and will be launched and delivered on May 15; and the tech-driven luxury flagship SUV, Nio ES9, will also be launched and delivered by the end of May. We believe everyone will find a product that suits their needs.
The all-new ES8, which completed its 100,000th delivery in 215 days, setting a sales and delivery record for high-end models priced above 400,000 yuan in China's passenger car market, also unveiled its Dark Gold Special Edition at the Beijing Auto Show on April 24. At this Beijing Auto Show, themed 'A Vast New Realm,' Nio is showcasing its three brands—NIO, ONVO, and firefly—for the first time together. Currently, the Beijing Auto Show is experiencing peak visitor traffic, and friends are welcome to visit Nio’s booth during the May Day holiday.
On April 24, the 19th Beijing International Automotive Exhibition (hereinafter referred to as the "Beijing Auto Show") officially opened. Nio, with the theme of "A Vast New Realm," showcased 11 models and 12 full-stack technologies across its three brands: NIO, ONVO Lodo, and firefly. Nearly 500 journalists from Chinese and international media attended the press conference at Nio’s booth.
Nio's founder, chairman, and CEO, William Li, stated at the press conference: "This is the first time that Nio's three brands have appeared together at the Beijing Auto Show, representing a concentrated display of Nio's multi-brand collaborative development and eleven years of systematic innovation. In the second quarter of this year, based on an increasingly improved charging and battery swap network, twelve full-stack technology layouts, and eleven years of systematic innovation achievements, Nio, Lodo, and firefly are ushering in a complete renewal and evolution."
The culmination of Nio's eleven years of systematic innovation, the tech executive flagship SUV Nio ES9, made its debut at the auto show. The ES9 features over 40 industry-first technologies and nearly 40 class-leading technologies and configurations, establishing itself as the pioneer of intelligent electric executive flagship SUVs and will lead executive flagship SUVs into the all-electric era. The Nio ES9 will initiate the "Shortest Time to Cross Great Obstacles Over 10,000 Kilometers" challenge in early May and will officially launch and be delivered in late May.
During the auto show, visitors can personally visit the Nio booth to appreciate the majestic original design of the ES9, experience top-tier flagship space, cockpit, and...
Nio's founder, chairman, and CEO, William Li, stated at the press conference: "This is the first time that Nio's three brands have appeared together at the Beijing Auto Show, representing a concentrated display of Nio's multi-brand collaborative development and eleven years of systematic innovation. In the second quarter of this year, based on an increasingly improved charging and battery swap network, twelve full-stack technology layouts, and eleven years of systematic innovation achievements, Nio, Lodo, and firefly are ushering in a complete renewal and evolution."
The culmination of Nio's eleven years of systematic innovation, the tech executive flagship SUV Nio ES9, made its debut at the auto show. The ES9 features over 40 industry-first technologies and nearly 40 class-leading technologies and configurations, establishing itself as the pioneer of intelligent electric executive flagship SUVs and will lead executive flagship SUVs into the all-electric era. The Nio ES9 will initiate the "Shortest Time to Cross Great Obstacles Over 10,000 Kilometers" challenge in early May and will officially launch and be delivered in late May.
During the auto show, visitors can personally visit the Nio booth to appreciate the majestic original design of the ES9, experience top-tier flagship space, cockpit, and...
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