Nio’s October Surge: Record Deliveries Signal Accelerating Growth

Chinese electric vehicle manufacturer Nio has delivered a stunning performance that captured investor attention over the weekend. The company achieved a significant milestone in October, surpassing 40,000 vehicle deliveries for the first time—a record-breaking achievement that positions the automaker for potential stock momentum. Market observers are now examining the drivers behind this rapid expansion and questioning whether Nio can maintain this accelerated pace.

October proved transformative for Nio, with the company reporting 40,397 vehicle deliveries—representing a remarkable 92.6% surge compared to the same period last year. This achievement marks the third consecutive month of record deliveries, demonstrating consistent operational improvement across the business.

The company's family brand ONVO emerged as a particular standout. Its L90 SUV model exceeded 10,000 units for the third time since its July market debut. ONVO actually outperformed Nio's premium brand with 17,342 deliveries, narrowly edging out the flagship segment's 17,143 vehicles. The newer FIREFLY brand contributed an additional 5,912 units to the monthly total.

Production Expansion Signals Confidence

Even before announcing October's impressive figures, Nio management had signaled further growth ahead. Production capacity for the ES8 SUV is scheduled to increase by 70% in November compared to October levels, with additional expansion planned for December.

Should investors sell immediately? Or is it worth buying Nio?

This forward-looking production guidance suggests Nio views its current position as merely the beginning of its growth trajectory rather than a peak. Through the first ten months of 2025, the automaker has delivered 241,618 vehicles—representing a 41.9% year-over-year increase.

Strategic Positioning and Market Support

Nio is targeting a doubling of total sales compared to 2024 levels, banking on a strong final quarter to achieve this ambitious goal. The company benefits from supportive regulatory tailwinds, as Chinese government agencies recently announced measures designed to stabilize the automotive industry.

Investor attention now turns to Nio's third-quarter 2025 financial report, expected around November 19. Market participants will closely scrutinize improved vehicle margins and any updates regarding the company's path toward sustainable profitability.