NIO (NIO) Falls 6% on Vehicle Delivery Delays
NIONIO(US:NIO) Yahoo Finance·2025-09-23 18:53

Core Points - NIO Inc. experienced a significant decline in share prices, dropping by 6.24% due to delivery delays for a newly launched vehicle [1] - The company announced that new orders for the ES8 vehicle would face a waiting time of 24 to 26 weeks, pushing potential delivery dates to March 2026 [2] - NIO's August delivery figures showed a substantial increase of 48.9% compared to July, with a total of 31,305 vehicles delivered [3][4] Company Updates - NIO launched the six- and seven-seater ES8 vehicle in Hangzhou, selling out its production capacity of 40,000 units for the year [1] - Customers awaiting vehicle deliveries will receive "peace of mind waiting points," accumulating 500 points per day starting from the 57th day after order lock-in [3] - The breakdown of August deliveries included 10,525 vehicles from the Nio brand, 16,434 from Onvo, and 4,346 from Firefly [3]