Nio stock rises after May deliveries jump 62%

Nio’s shares climbed to an intraday high of $6 on Monday after the company reported May vehicle deliveries of 37,705, a 62.3% increase from the same month a year earlier. The stock had bottomed at $5.10 late last month.

The May deliveries brought Nio’s year-to-date total to 150,526 vehicles, up 68.7% from the same period in 2025. Among Chinese electric-vehicle makers that disclosed monthly numbers, XPeng delivered 32,158 vehicles in May, a 4% year-over-year increase, while Li Auto’s May deliveries fell to 33,350 from 40,856 a year earlier.

Nio reported first-quarter revenue of $3.7 billion, a 112% increase year-over-year, and a gross profit of $704 million. The company recorded a net loss of just over $48 million for the quarter. Analysts project Nio’s annual revenue to rise about 56% this year to roughly 136 billion yuan (about $18 billion) and to reach about $21 billion in 2027.

On the daily chart, technical analysts identified a cup-and-handle pattern. The cup’s rim is near $7 and the low is around $4.37, a depth of about $2.63. Adding that depth to the rim produces a target near $9.63, about 60% above Monday’s intraday high. A sustained move above $7 would be interpreted as a breakout from the pattern; a fall below the cup low near $4.37 would invalidate the setup.

The delivery gains come amid intensifying competition in China’s electric-vehicle market as automakers expand lineups and ramp production. Nio has cited recent and upcoming model launches and brand strength as elements of its growth strategy.

Market participants will monitor monthly delivery trends, upcoming vehicle rollouts and the company’s next quarterly report for further data on sales momentum and profitability.