Stock Market Today, April 1: Nio Shares Jump After March Deliveries Surge 136% Year Over Year
Nio's shares jumped 2.82% after the company reported a 136% year-over-year surge in March deliveries. The company's total deliveries for the first quarter of 2026 rose 98%, with its premium NIO brand growing sales by 120% in March compared to last year.
Nio, an electric vehicle manufacturer, reported a significant increase in deliveries for March and the first quarter of 2026. The company delivered 35,468 vehicles in March, up 136% year over year. Total deliveries for the first quarter rose 98%. Nio's premium brand grew sales by 120% in March, while its new entry-level Firefly brand delivered 6,119 vehicles, up 130% month over month. The company's stock closed at $6.20, up 2.82%. Nio's delivery growth is notable, especially given the competitive EV industry. The company's three-brand strategy appears to be sustaining growth against Chinese EV rivals.
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