NIO Reports Record Q1 Margins Amid China EV Price War
NIO's Q1 2026 gross margin surged to 19.0%, defying industry-wide margin compression as deliveries nearly doubled year over year. NIO posted Q1 2026 revenue of $3.70 billion, up 98.3% year over year, on 83,465 vehicle deliveries. Gross margin reached 19.0%, a sharp increas