NEW YORK, July 5, 2026, 17:05 EDT
- NIO Inc NYSE:NIO ended Thursday at $4.79, off 3.62%, ahead of the NYSE’s Friday closure for Independence Day observed.
- June deliveries came in at 40,597. For the second quarter, NIO reported 107,658 deliveries, missing its own forecast of at least 110,000 by 2,342 units.
- Mix was the drag: ONVO dropped from May, while NIO brand and FIREFLY accounted for all the month-on-month growth.
- All eyes next week on the ES8 five-seater, set to launch July 9. Deutsche Bank linked some of June’s shortfall to buyers holding out for this model.
NIO Inc NYSE:NIO starts the new U.S. trading week with a sales narrative that’s tidier than its stock price, though still not spotless. U.S. markets stayed shut Friday since the NYSE marked July 3 as the 2026 Independence Day observance, so Thursday’s close remains the latest U.S. quote.
The stock finished the session at $4.79, down 3.62%. It closed the week off 1.44%. That trailed the wider U.S. market, where the Nasdaq climbed 2.1% for the week, the S&P 500 was up 1.8% and the Dow rose 2.0%.
| Last U.S. trading read | Latest level / move | Week move | What it says |
|---|---|---|---|
| NIO ADR | $4.79, -3.62% Thursday | -1.44% | Stock slipped even as delivery numbers hit record |
| Nasdaq Composite | 25,832.67, -0.80% Thursday | +2.1% | Still up for the week despite pullback |
| S&P 500 | 7,483.24, flat Thursday | +1.8% | Index hovered close to peak levels |
| Dow Jones Industrial Average | 52,900.07, +1.14% Thursday | +2.0% | Dow finishes at a record before the long weekend |
NIO delivered 40,597 vehicles in June, a jump of 62.9% from last year. Q2 deliveries hit 107,658, up 49.4%. But the stock took a hit as the number still came in 2,342 units short of the low end of the company’s second-quarter target.
The brand split gives a clearer read. June rose by 2,892 vehicles over May. NIO pushed up with 1,895 more, and FIREFLY chipped in 1,283. ONVO slipped by 286. So the family brand didn’t drive the month’s gain.
| NIO brand split | May 2026 | June 2026 | Month change | Share of June total |
|---|---|---|---|---|
| NIO brand | 20,013 | 21,908 | up 1,895 | 54.0% |
| ONVO | 12,029 | 11,743 | down 286 | 28.9% |
| FIREFLY | 5,663 | 6,946 | up 1,283 | 17.1% |
That’s key because ONVO is NIO’s lower-cost family car, and investors want to see it gaining traction if the company is going to grow beyond its premium SUV lineup. Deutsche Bank’s Wang Bin and his team said the Q2 shortfall was mostly from weaker ES8 deliveries—around 8,900 in June—as some customers waited for the five-seat ES8, which started presales on June 28.
NIO set a high bar with its May outlook. CEO William Bin Li told investors the EV maker was in “an intensive new product launch and delivery cycle” and targeted 110,000 to 115,000 vehicles for Q2. Final deliveries fell short of that, but still climbed 29.0% from Q1’s 83,465 units. NIO Inc.
Premium models are helping NIO. The company said ES9 deliveries hit 10,000 less than a month after starting on May 28. NIO also said total ES8 deliveries reached 120,000 by June 22. A fresh NIO WorldModel software build rolled out to over 700,000 users in June, according to .
NIO sits in the upper half among its China-listed EV peers but doesn’t lead the pack. BYD Company Ltd HKG:1211 moved 403,472 new energy vehicles in June. Leapmotor (HKG:9863) hit 93,376 deliveries. NIO reported 40,597, with XPeng Inc NYSE:XPEV at 40,126 and Li Auto Inc NASDAQ:LI at 30,895.
| China EV peer read, June 2026 | Units | Year-on-year move | Note |
|---|---|---|---|
| BYD Company Ltd HKG:1211 | 403,472 | +5.46% | Overseas sales at a new high |
| Leapmotor (HKG:9863) | 93,376 | +94.51% | Hit a monthly record |
| NIO Inc NYSE:NIO | 40,597 | +62.88% | Best monthly number this year |
| XPeng Inc NYSE:XPEV | 40,126 | +15.93% | 2026’s best month so far |
| Li Auto Inc NASDAQ:LI | 30,895 | -14.84% | Second year-on-year monthly drop in a row |
Li hasn’t hidden where NIO is putting its chips. “We’re focused primarily on China,” he told Reuters in late May. But he called China “no longer a growth market, but rather a saturated market,” which sets a tough backdrop for a company whose U.S.-listed shares still sit more than 40% off their 52-week high of $8.02. Reuters
Rates don’t look as tough as before Thursday’s payrolls report. Adam Sarhan, CEO at 50 Park Investments, told Reuters the jobs numbers “just takes the pressure off the Fed to raise rates in the short term.” That gives some room for high-duration growth stocks, but NIO now faces a more basic question: will July orders show ONVO’s slide is over, and can the five-seat ES8 turn pent-up demand into real deliveries? Reuters
