Nio reported 107,658 vehicle deliveries in the second quarter of 2026, marking a 49.4 percent increase year-over-year. This total includes 60,945 units from the main Nio brand, 29,124 from Onvo, and 17,589 from Firefly. The company expects to deliver between 108,000 and 111,000 vehicles in the third quarter.
Quarterly revenue reached ¥32.1 billion, a 69.1 percent increase compared to the same period in 2025. Revenue specifically from vehicle sales rose by 80.1 percent year-over-year to approximately ¥29 billion. The vehicle division achieved a gross margin of 18.5 percent, up from 10.3 percent in the second quarter of 2025.
The company significantly reduced its net loss to ¥528 million, down from a loss of ¥4.99 billion in the second quarter of 2025. Despite these financial improvements, Nio is shifting its focus toward the Chinese market and slowing its international expansion, which includes closing its Nio House location in Hamburg.