NIO (NIO) Jumps 10.8% on New Vehicle Launch
We recently published 10 Stocks with Surprising Gains. NIO Inc. (NYSE:NIO) 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. (NYSE:NIO) 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. (NYSE:NIO) marketing head Pu Yang, the company will “go full throttle” starting this week.
Last month, NIO Inc. (NYSE:NIO) 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. (NYSE:NIO) 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.
While we acknowledge the potential of NIO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.