NIO Inc – ADR (NYSE:NIO) shares are trading higher during Friday morning as delivery momentum stays in focus following fresh updates around the ES9 launch.
- NIO stock is showing upward movement. What’s driving NIO shares up?
What Is Driving NIO’s Recent Delivery Momentum?
NIO reported June deliveries of 40,597 vehicles (up 62.9% year over year) and Q2 deliveries of 107,658 (up 49.4%), with the new ES9 reaching 10,000 cumulative deliveries within 30 days of launch. The company also said cumulative deliveries totaled 1,188,715 as of June 30, and the All-New ES8 has now surpassed 120,000 cumulative deliveries.
China EV ADRs are also staying active as peers post their own delivery reads, including XPeng and Li Auto. Li Auto reported June deliveries of 30,895 (down 14.8%), a divergence traders often use for relative-momentum positioning across the group.
Li Auto’s footprint expansion to 495 retail stores and 4,097 supercharging stations is another competitive benchmark for NIO because it highlights how quickly rivals can scale distribution and charging access even when unit growth is softer. The move mirrors the broader China EV land-grab, which often leads NIO to trade more on execution and share signals than on the macro tape.
NIO Stock: Critical Levels To Watch
Even with the premarket lift, NIO is still in a downtrend on the longer-term map: it’s trading 2.3% below the 20-day SMA ($4.99) and 14.7% below the 200-day SMA ($5.72), with the 20-day SMA also below the 50-day SMA. The "death cross" that formed in June (50-day SMA below the 200-day SMA) keeps the bigger-picture bias cautious until price can reclaim key averages.
Momentum is the more constructive part right now: MACD is above its signal line and the histogram is positive, which points to downside pressure easing versus the prior downswing. In plain terms, when MACD is above its signal line, it often means sellers are losing control even if price hasn’t fully flipped the trend yet.
- Key Resistance: $5.00 — a nearby round-number level where rebounds can stall, sitting just above the current price and below the 20-day averages.
What Is NIO and How Does It Compete?
Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles, and it tries to stand out with features like battery swapping and autonomous driving.
Its current lineup spans midsize to large sedans and SUVs, and it sold around 326,000 EVs in 2025—about 2% of China’s passenger new energy vehicle market. That’s why delivery updates can move the stock quickly: they’re one of the cleanest, most frequent signals on demand, mix, and competitive positioning.
NIO Stock Price Activity
NIO Stock Price Activity: Nio shares were up 1.67% at $4.85 Friday morning, according to Benzinga Pro data.
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