NIO Delivers 34,246 Vehicles in October as Year-to-Date Total Sets Record

Key Facts

NIO said it delivered 34,246 vehicles in October 2026 across three brands, according to a company statement issued on November 1. The core NIO brand accounted for 18,125 vehicles, compared with 8,383 for ONVO and 7,738 for firefly. NIO represented more than half of the month’s total deliveries, while ONVO and firefly accounted for smaller shares. The company said the NIO brand is aimed at premium smart electric vehicles, ONVO targets families, and firefly is described as a premium small electric vehicle brand. The October statement did not provide a year-over-year comparison for monthly deliveries, so October’s year-over-year growth rate cannot be determined.

From January through October, the company delivered 334,547 vehicles, up 38.5% year over year, and said the total was a record for that period. The cumulative figure reflects performance over the combined ten months and does not measure the change in October deliveries alone. The NIO brand delivered 200,113 vehicles during the period, up 55.7% year over year. firefly recorded 55,860 vehicles year to date, an increase of 112.9% year over year. ONVO deliveries totaled 78,574 over the same period, according to the company statement.

The company’s cumulative deliveries reached 1,332,139 vehicles as of October 31, 2026, according to NIO’s statement. This figure is separate from the year-to-date total of 334,547 vehicles. The cumulative total covers the company’s deliveries through the specified date, while the year-to-date figure covers January through October. These figures place the month’s total in the broader context of delivery activity, alongside brand growth over the same period. The statement did not provide any further description of the period preceding October 31 alongside the cumulative figure.

In previously reported financial results, NIO’s revenue in the second quarter of 2026 was about 32,136.9 million yuan, up 69.1% from the second quarter of 2025. Gross margin was 18.4% in the second quarter, compared with 10.0% in the same period a year earlier. These financial indicators reflect performance in a quarter before the October delivery announcement and are not financial results for the month itself. In September, the company had forecast third-quarter revenue of between 33,285 and 34,051 million yuan. It estimated year-over-year revenue growth for the quarter at between 52.7% and 56.2%.

NIO also forecast in September that it would deliver between 108,000 and 111,000 vehicles in the third quarter of 2026. It said that range would represent year-over-year growth of between 24.0% and 27.5% compared with the third quarter of 2025. Those figures remain earlier guidance for the third quarter, while the total of 334,547 vehicles covers January through October. The company statement presents October deliveries and their breakdown by brand, alongside the cumulative total for the period. The revenue and delivery guidance cited relates to the third quarter and does not concern an October forecast.