Nio Shares Drop 9% in Hong Kong Following August Delivery Miss

Nio’s stock on the Hong Kong exchange fell sharply on Tuesday, reaching its lowest point since July 2025, after the company reported August delivery figures that highlighted ongoing softness in its Onvo brand. Shares tumbled as much as 9% in early trading, underscoring investor concerns about the EV maker’s recent performance.

The August data showed that Onvo, Nio’s sub-brand aimed at the mass market, continued to underperform expectations. While Nio as a whole delivered a total that was slightly higher than the previous month, the weaker-than-anticipated contribution from Onvo raised questions about the brand’s growth trajectory and competitive positioning.

The stock decline came just hours before Nio was scheduled to release its second-quarter earnings report. Analysts and investors are now closely watching the results for any additional insight into the company’s financial health, margin trends, and forward guidance, especially given the mounting competitive pressures in China’s electric vehicle market.