Nio Inc. USD OV (NIO.SI) shares are soaring 4.57% in pre-market trading on Thursday, driven by the company's announcement of robust vehicle delivery figures for February 2026.
The Chinese electric-vehicle maker reported delivering 20,797 vehicles last month, representing a significant 57.6% increase compared to the same period a year earlier. This strong performance brought the company's year-to-date deliveries to 47,979 units, marking 77.3% growth versus the same period last year and pushing Nio's cumulative deliveries above the 1.04 million vehicle milestone.
The delivery growth was driven by Nio's premium smart EV lineup, which accounted for 15,159 units in February, while its newer ONVO and FIREFLY brands contributed additional vehicles. This operational update appears to have eased investor concerns about demand in the competitive Chinese EV market, fueling the stock's pre-market advance.