Overview

• Nio reported 34,749 deliveries in September and 87,071 in the third quarter, with a brand split of 13,728 Nio, 15,246 Onvo, and 5,775 Firefly, and cumulative deliveries reaching 872,785.
• Momentum indicators showed a strong finish to the quarter, with a Nio executive teasing more than 10,000 new orders last week and registrations hitting 10,800 units during September 22–28, up 61.2% week over week.
• US-listed shares reached a 21-month high on Tuesday, touching $7.78 intraday and closing at $7.62 after the sales and order signals.
• The company is prioritizing production of the Onvo L90 and the third-generation ES8, reallocating 100kWh battery packs to speed ES8 deliveries, a move that may temporarily limit battery-swap availability and extend waits.
• The September performance lifted Q3 to slightly above the lower end of guidance, with demand supported by the Onvo L90 and the all-new ES8, which began deliveries following its September 20 launch.