NIO-SW: Delivered 20,797 vehicles in February, a 57.6% increase year-on-year

K-LinePoet · 2026-03-02T00:34:03+00:00

NIO-SW delivered 20,797 vehicles in February 2026, a year-over-year increase of 57.6%. The total vehicle deliveries have reached 1,045,571, and on February 6th, the one-hundred-millionth battery swap was completed, demonstrating the widespread adoption and effectiveness of the battery swap model, and showcasing users' high reliance on its services.

K-LinePoet

2026-03-02 00:34:03

Abstract generation in progress

NIO-SW (09866.HK) announced on March 1st that the company delivered 20,797 vehicles in February 2026, a year-over-year increase of 57.6%. The deliveries include 15,159 high-end smart electric vehicles under the NIO brand, 2,981 family smart electric vehicles under the Leado brand, and 2,657 smart high-end small cars under the Firefly brand. As of February 28, 2026, the company’s total vehicle deliveries reached 1,045,571 units.

On February 6, 2026, NIO achieved a milestone of 100 million battery swaps, marking the full validation of the battery swapping model at scale and further solidifying its position as a mainstream energy solution for electric vehicles in China. During the Spring Festival holiday, the daily battery swap volume hit a new record for five consecutive days, demonstrating high user reliance and NIO’s strong service capabilities. NIO’s comprehensive battery swapping and charging network provides users with efficient, worry-free, and smooth travel experiences.

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