Globenewswire·2026-03-01 07:30Core Viewpoint - NIO Inc. reported significant growth in vehicle deliveries for February 2026, highlighting its strong market position in the smart electric vehicle sector and the success of its battery swapping model [2][3]. Delivery Results - The company delivered 20,797 vehicles in February 2026, marking a 57.6% increase year-over-year [2][6]. - Year-to-date deliveries for 2026 reached 47,979 vehicles, reflecting a 77.3% increase compared to the same period last year [6]. - Cumulative deliveries reached 1,045,571 as of February 28, 2026 [2][6]. Battery Swapping Milestone - On February 6, 2026, NIO achieved a historic milestone by completing 100 million cumulative battery swaps, validating its battery swapping model as a mainstream energy solution in China [3]. - During the Chinese New Year holiday, daily battery swap volumes hit record highs for five consecutive days, indicating strong user reliance and service capabilities [3]. Company Overview - NIO Inc. is a leading player in the global smart electric vehicle market, founded in November 2014, with a mission to create a sustainable future [4]. - The company offers premium smart electric vehicles under the NIO brand, family-oriented vehicles through the ONVO brand, and small high-end electric cars under the FIREFLY brand [4].