NIO Inc. (NIO) Announces Vehicle Delivery Results for May 2026

NIO Inc. (NYSE:NIO) is one of the best long term stocks to buy under $20. NIO Inc. (NYSE:NIO) announced its May 2026 delivery results on June 1, reporting that it delivered 37,705 vehicles in the month, representing a notable growth of 62.3% year-over-year. The deliveries comprised 20,013 vehicles from the NIO brand, 12,029 vehicles from the ONVO brand, and 5,663 vehicles from the FIREFLY brand, while cumulative deliveries reached 1,148,118 as of May 31, 2026.

NIO (NIO) Jumps 10.8% on New Vehicle Launch

NIO Inc. (NYSE:NIO) also announced the official launch of ONVO L80 on May 15, 2026, which is its smart flagship five-seat SUV, with deliveries commencing on May 16. Management stated that the L80 received strong user feedback since its launch, and as a category-defining product in the large five-seat SUV segment, it integrates flagship smart technologies, innovative space design, and a comprehensive charging and battery swapping network to address user needs in travel scenarios, space, and power solutions.

NIO Inc. (NYSE:NIO) designs, manufactures, and sells electric vehicles. It provides users with power express valet services, home charging, and other power solutions, such as battery swapping, public charging, and access to power mobile charging trucks. The company offers its products under the brands NIO, ONVO, and FIREFLY.

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