NIO Reports Q2 2026 Earnings and Outlines Strong Performance
In Q2 2026, NIO delivered a total of 107,658 smart electric vehicles (EVs), representing year-over-year growth of 49.4%. The company's three brands—NIO, ONVO, and FIREFLY—all showed strong performance in both sales volume and average transaction price. Deliveries for July and August were reported at approximately 35,900 each month, with Q3 deliveries expected to range between 108,000 and 111,000 units. Financially, NIO maintained a gross margin of 18.4%, driven by higher-margin products and cost optimization efforts despite rising raw material and chip costs. The company also reported positive operating cash flow and free cash flow, with total cash reserves reaching RMB 56.7 billion as of Q2 end.
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