Core Insights - NIO shares rose after reporting record deliveries for September and the third quarter, indicating strong demand for its expanding vehicle portfolio [1][3] - The company delivered 34,749 vehicles in September, marking a 64.1% year-over-year increase, and achieved a total of 87,071 deliveries for the third quarter, a 40.8% increase from the previous year [1][3] Delivery Performance - September deliveries included 13,728 vehicles from the premium NIO brand, 15,246 from the ONVO line, and 5,775 from the FIREFLY brand [2] - Cumulative deliveries reached 872,785 as of September 30, 2025 [3] Product Launch and Market Position - The strong sales performance followed the launch of NIO's All-New ES8 on September 20, which is positioned as a benchmark in the premium large three-row SUV category [3][4] - The ES8 integrates advanced technology and aims to solidify NIO's position in the high-end segment of the Chinese EV market [4] Stock Performance - NIO's shares have increased by 75% year-to-date, significantly outperforming the NYSE Composite Index's 13% gain [5] - The stock was trading higher by 2.49% to $7.810 in premarket trading [6]
NIO Stock Soars Past 52-Week High After Record Deliveries