NIO-SW's stock price surged 5.42% during intraday trading on Thursday, marking a significant rebound for the Chinese electric vehicle manufacturer.
The sharp increase follows the company's announcement of robust delivery growth for February 2026. Nio reported delivering 20,797 vehicles last month, representing a 57.6% increase compared to the same period a year earlier. This strong performance has pushed the company's cumulative deliveries above the 1.04 million vehicle milestone.
Investor sentiment appears to have been buoyed by these positive operational results, which eased concerns about demand in the competitive Chinese EV market. The delivery figures were driven by Nio's premium smart EV lineup alongside contributions from its newer ONVO and FIREFLY brands.