Nio March Deliveries Jump 136% as EV Maker Beats Q1 Goal, Firefly Posts Strong Month
Nio reported March deliveries of 35,486 vehicles, a 136% jump from the same month last year, with first-quarter numbers reaching 83,465—just over its 80,000 to 83,000 vehicle guidance. For March, the breakdown: 22,490 from the flagship Nio brand, 6,877 Onvo units, and 6,119 Firefly models. Total deliveries now stand at 1,081,057. These figures arrive just weeks after Nio announced its maiden quarterly adjusted operating profit—a metric that excludes certain standard accounting items—at a critical juncture, with the automaker gearing up for an April launch push aimed at sustaining demand. Earlier in the day, before Nio published its latest delivery update, the company’s Hong Kong shares jumped roughly 10%. Investors seemed confident: expectations were high for robust March deliveries, and anticipation builds around fresh models.
