Nio Inc (NIO) Deliveries Surge as Fresh Model Hits Market

On June 1, Nio Inc (NYSE:NIO) reported that it delivered 37,705 vehicles successful May, representing an summation of 62.3% YoY. The institution has delivered 150,526 vehicles year-to-date successful 2026, marking an summation of 68.7% YoY.

Nio sells its vehicles nether 3 brands: the namesake Nio, Onvo, and Firefly. In May, the Nio marque had deliveries of 20,013 vehicles, followed by Onvo astatine 12,029 and Firefly astatine 5,663.

The institution reported beardown marketplace responses for its precocious launched models, notably the ES8 from the Nio marque and L80 from the Onvo brand.

A caller Nio marque exemplary known arsenic the ES9 conscionable deed the marketplace connected May 27, with deliveries opening immediately. The ES9 is simply a six-seater premium SUV, which Nio says is the largest of its benignant successful China. According to Nio CEO William Li, large cars merchantability good successful China. This car has a scope of up to 385 miles and is fitted with a 47-speaker dependable system.

Nio Inc (NYSE:NIO) is simply a Chinese electrical conveyance institution founded successful 2014. Its portfolio includes sedans and SUVs. The institution is simply a pioneer of the battery-swap exertion that allows drivers to regenerate their depleted batteries with caller ones successful lone minutes to bypass accepted charging times.

While we admit the imaginable of NIO arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 8 Best Land and Timber Stocks to Buy Now and 10 Best Sin Stocks to Buy Now.

Disclosure: None. Follow Insider Monkey connected Google News.