Ge Long Hui·2026-02-01 10:33Core Viewpoint - NIO-SW (09866.HK) announced a significant increase in vehicle deliveries, achieving a total of 27,182 vehicles in January 2026, representing a year-on-year growth of 96.1% [1] Delivery Performance - The January 2026 deliveries included 20,894 high-end smart electric vehicles under the NIO brand, 3,481 family smart electric vehicles under the Ladao brand, and 2,807 high-end smart electric microcars under the Firefly brand [1] - As of January 31, 2026, the cumulative vehicle delivery reached 1,024,774 units, marking a significant milestone for the company [1] Technological Advancements - On January 28, 2026, the new version of the "NIO World Model (NWM)" was officially launched, gradually being pushed to over 460,000 vehicles equipped with the "Banyan" system, with plans to extend to "Cedar" and "CedarS" models [1] - The new version incorporates complete closed-loop reinforcement learning for smart assisted driving, enhancing the driving experience in both urban and highway scenarios [1] - Improvements were also made in smart parking assistance and active safety, enhancing both technical capabilities and user experience [1] Future Outlook - The company aims to continue its focus on the research and development of core smart electric vehicle technologies and further improve its charging and battery swapping network [1] - The goal is to provide a better smart electric vehicle experience for a broader user base, contributing to a sustainable and improved future [1]