We recently published 10 Stocks with Surprising Gains. NIO Inc. is one of Tuesday’s top performers.
NIO Inc. rallied for a second day on Tuesday, jumping 10.84 percent to close at $5.01 apiece as investors cheered the upcoming launch of a new vehicle next week.
On July 31, NIO Inc. is slated to unveil its vehicle L90, the second variant under its mass market sub-brand Onvo, to be followed by a five-seater L80 in the fourth quarter of the year.
Meanwhile, a refreshed ES8 SUV will also be launched in late September.
According to a report quoting NIO Inc. marketing head Pu Yang, the company will “go full throttle” starting this week.
Last month, NIO Inc. achieved a 17.5-percent increase in the number of vehicle deliveries last month, at 24,925. The deliveries consisted of 14,593 vehicles from the premium smart electric vehicle brand NIO; 6,400 from the family-oriented smart electric vehicle brand ONVO; and 3,932 from the small smart high-end electric car brand FIREFLY.
A fleet of eco-friendly electric cars, a symbol of the company’s commitment to sustainability.
In the second quarter alone, NIO Inc. was able to deliver 72,056 vehicles, or an increase of 25.6 percent year-on-year.
Cumulative deliveries reached 785,714 as of June 30, 2025.
