NIO Delivers 20,797 EVs in February, Hits 100M Battery Swaps
China’s NIO delivered 20,797 vehicles in February 2026, a 57.6% year-over-year increase led by 15,159 NIO units, 2,981 ONVO vehicles and 2,657 FIREFLY models. Cumulative deliveries exceeded 1.045 million vehicles and the company recorded 100 million battery swaps by February end.
1. February Deliveries Surge
NIO delivered 20,797 vehicles in February 2026, marking a 57.6% increase year-over-year. The premium smart EV brand accounted for 15,159 units, while its family-focused ONVO line delivered 2,981 vehicles and the compact FIREFLY model contributed 2,657.
2. Cumulative and Year-to-Date Results
As of February 28, cumulative deliveries reached 1,045,571 vehicles. Year-to-date shipments totaled 47,979 units, representing a 77.3% rise compared to the same period in 2025.
3. Battery Swap Milestone
The company surpassed 100 million cumulative battery swaps by late February. Daily swap volumes peaked during the Chinese New Year holiday, reflecting increasing reliance on its battery swapping network.
4. Technical Indicators
Shares are trading 4.5% below the 20-day moving average and 8.2% below the 100-day average, indicating bearish momentum. The RSI sits at 50.00 (neutral) and the MACD at -0.10 (below its signal line), suggesting mixed technical signals.