Key Takeaways NIO delivered 42,094 vehicles in Q1 2025, up 40.1% year over year, with higher deliveries expected in Q2. New models like ES6, EC6, ET5 and ET5T, plus sub-brands ONVO and Firefly, are fueling sales growth. NIO's margin growth lags rivals, with breakeven elusive amid fierce EV price wars and competition in China.NIO Inc. (NIO) is a notable name in the Chinese EV market with several growth drivers in place. Vehicle deliveries are rising, new models are being rolled out, its battery swap techno ...