00:00It's Benzinga, bringing Wall Street to Main Street.
00:02NIO shares edged lower in Monday's pre-market trading
00:05after the Chinese electric vehicle maker reported a decline in October deliveries,
00:10according to Benzinga.
00:11The company delivered 34,246 vehicles,
00:16down 15.2% from a year earlier and 8.5% from September.
00:21Deliveries for NIO's family-focused Onvo brand plunged 51.7% year-over-year.
00:28Meanwhile, deliveries for its premium NIO brand rose 5.7%,
00:32and its compact Firefly brand gained 30.9%.
00:36The October slowdown followed strong growth earlier in the year.
00:41NIO delivered 334,547 vehicles during the first 10 months of 2026,
00:48up 38.5% from the same period last year.
00:51The company also reported continued demand for its premium electric SUVs,
00:56with its ES-8 reaching 160,000 cumulative deliveries in October.
01:02For all things money, visit Benzinga.com.
