Nio delivered 20,797 new vehicles in February, marking a 57.6% YoY increase
The Chinese electric vehicle (EV) maker achieved substantial year-on-year growth in February deliveries despite the widespread negative impact of the Chinese New Year holiday on production and deliveries across China's auto industry The third-generation Nio ES8 EV Suv Nio announced on Sunday that it delivered 20,797 new vehicles in February, a 57.6% year-on-year increase despite a 23.49% decline from January. The 2026 Spring Festival holiday fell in mid-to-late February, while last year it was primarily January. This caused seasonal weakness across the industry, with competitors' deliveries also broadly impacted. The Chinese New Year Holiday period typically weighs on both production and sales activity, making February one of the weakest months of the year. Furthermore, this year’s holiday is three days longer than 2025 , marking the longest on record — according to China’s Passenger Car Association (CPCA) — and reducing the month to just 16 work days. The latest figures ...