Nio stock hits all-time high after flagship EV deliveries
The active growth of Chinese electric vehicle maker NIO Inc’s stock has continued since July, but this week shares surged to an all-time high thanks to flagship vehicle deliveries.
The spike came after Nio reported strong September EV sales, which also led to a record quarterly delivery volume. On Tuesday, NIO stock officially broke a new record high as investors welcomed the start of deliveries for a special edition of its flagship luxury sedan.
The company announced it had begun deliveries of the ET9 Horizon Edition just 10 days after the official launch. This eased concerns about Nio’s production capacity following last month’s announcement that deliveries of the newly released ES8 would be delayed by six months due to overwhelming demand.
Nio reported that the first 40,000 units of the ES8 were completely sold out, with new orders facing a 24–26 week wait, and deliveries now expected in March 2026.

Hourly chart of NIO stock in late September - early October 2025. Source: TradingView
During the trading session, NIO shares spiked to an intraday high of $7.78 before paring gains, closing up 5.69% at $7.62. As of now, NIO stock trades at $7.58.
Nio stock has more than doubled since July
Last month, Nio reported record deliveries of 34,749 vehicles — up 64% year-over-year — setting a new quarterly record with more than 87,000 EVs delivered. Shares had been rising even before this report. Since July, Nio’s stock has more than doubled, climbing nearly 80% since the start of the year.
Management took advantage of this rally by announcing a new share offering that raised over $1 billion. The company plans to use the proceeds to continue developing new technology platforms and vehicle models across all three of its brands.
These include two newer, more affordable brands targeting a broader customer base. Sales from Onvo and Firefly accounted for 60% of September deliveries, giving investors confidence that Nio can expand volumes significantly.
Meanwhile, NIO stock recently received a "Buy" rating from Citigroup, which raised its target price to HK$65.90 from HK$62.50. Citi also added Nio to its 30-day growth watchlist, signaling expectations of further near-term upside.
As we wrote, NIO stock rises on 64% YoY delivery growth in September
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