NIO Inc. (NIO) Reports February Deliveries of 20,797 Vehicles, Up 57.6% YoY

NIO Inc. (NYSE:NIO) is among the 15 Best Stocks to Buy and Hold for the Next 10 Years.

On March 1, 2026, NIO Inc. (NYSE:NIO) reported February deliveries of 20,797 vehicles, up 57.6% year over year. The total included 15,159 vehicles under the NIO brand, 2,981 vehicles from ONVO, and 2,657 vehicles from FIREFLY. Cumulative deliveries reached 1,045,571 as of February 28, 2026.

On February 26, 2026, Nio announced that it and GeniTech, known as Shenji, entered into definitive agreements with investors in China under which the Shenji Investors will invest RMB 2.257B in cash for newly issued shares. Shenji is responsible for Nio’s intelligent-driving chip business. After the transaction closes, a Nio subsidiary will retain a 62.7% controlling stake, the investors will hold 27.3%, and entities tied to Shenji’s share incentive plan will hold the remaining 10.0%. Nio will continue to consolidate Shenji’s financial results.

Earlier in February, JPMorgan analyst Nick Lai lowered the price target on Nio to $7 from $8 and maintained an Overweight rating. JPMorgan expects China’s auto industry to underperform in 2026 as passenger vehicle growth turns negative and reduces earnings forecasts to a loss this year due to falling sales volumes and weaker margins.

NIO Inc. (NYSE:NIO) designs, develops, manufactures, and sells smart electric vehicles in China, Europe, and other international markets.

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