NIO (NIO) Reports June And Second-Quarter Delivery Results; Vehicles Delivery Up 62.9% YoY

NIO Inc. (NYSE:NIO) ranks among the overlooked penny stocks to buy right now, supported by strong upside potential. Record deliveries across its three brands are keeping the stock in focus heading into the second half of 2026.

NIO (NIO) Reports June And Second-Quarter Delivery Results; Vehicles Delivery Up 62.9% YoY

On July 1, 2026, NIO Inc. (NYSE:NIO) reported its June and second-quarter delivery results.

The company delivered 40,597 vehicles in June, up 62.9% year-over-year, split between 21,908 NIO-brand vehicles, 11,743 ONVO vehicles and 6,946 FIREFLY vehicles. For the second quarter, NIO Inc. (NYSE:NIO) delivered 107,658 vehicles, a 49.4% year-over-year increase, pushing cumulative deliveries to 1,188,715 as of June 30, 2026.

That delivery strength followed a series of product milestones.

On June 18, 2026, NIO Inc. (NYSE:NIO) rolled out an upgraded version of its WorldModel intelligent driving system to more than 700,000 users, adding a three-layer training framework the company said improves handling of complex driving scenarios. On June 22, 2026, the All-New ES8 passed 120,000 cumulative deliveries, and its five-seat version began presales on June 28, 2026. Days later, on June 26, 2026, the ES9 reached 10,000 deliveries within 30 days of its May 28 launch, a record for premium battery electric vehicles priced above RMB500,000 in China.

Despite that operational momentum, shares of NIO Inc. (NYSE:NIO) are down nearly 10% year-to-date, even as more than 70% of covering analysts remain bullish on the stock.

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.

While we acknowledge the risk and potential of NIO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NIO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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