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NIO Tops Q1 Guidance With March Deliveries Up 136% as Stock Rallies

The beat signals a turnaround driven by a rapid ES8 ramp with growing support from sub‑brands.

Overview

  • NIO said Wednesday it delivered 35,486 vehicles in March and 83,465 in the first quarter, edging past its 80,000–83,000 guidance by 465 units.
  • March volume came from three brands — 22,490 NIO, 6,877 Onvo, and 6,119 Firefly — lifting cumulative deliveries to 1,081,057.
  • The All‑New ES8 reached 80,000 deliveries in 181 days and held China’s large SUV lead for three straight months, signaling a faster production cadence.
  • Shares rose more than 9% after the update as investors weighed the delivery beat alongside NIO’s recent first‑ever quarterly GAAP profit and 2026 growth plans.
  • NIO opened a showroom in San José, Costa Rica showcasing all three brands, a step in its plan to widen its global footprint to roughly 40 countries by year‑end.