What's Going On With NIO Stock Today? EV Maker Sees Surge In Battery Swap Services

NIO Inc. NIO shares rose slightly in premarket trading on Friday, following a positive update on its operations during the Chinese New Year holiday.

The company reportedly saw a significant surge in its battery swap services, driven by the travel rush during the holiday period from Jan. 28 to Feb. 4, reports CnEV Post.

On Feb. 3, the company recorded 136,720 battery swap services in a single day, marking a notable peak in demand.

This followed a strong performance on Jan. 25, with 119,848 services in one day, showcasing the growing popularity of NIO’s battery swap technology.

NIO also reported strong vehicle deliveries for January 2025, with a 37.9% year-over-year increase, totaling 13,863 units.

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Of these, 7,951 vehicles came from its premium smart electric vehicle brand, NIO, while 5,912 were from its family-oriented ONVO brand.

As of Jan. 31, the company’s cumulative deliveries reached 685,427 units.

In addition to its operational performance, NIO is poised for inclusion in a major Hong Kong stock index, which is expected to attract passive investment inflows and could provide a boost to the company’s stock price.

The Hang Seng Indexes Company Limited will announce the results of its semi-annual review on February 21, with changes taking effect on March 10.

According to Benzinga Pro, NIO stock has lost over 28% in the past year. Investors can gain exposure to the stock via KraneShares Electric Vehicles and Future Mobility Index ETF KARS and Invesco Golden Dragon China ETF PGJ.

Price Action: NIO shares are trading higher by 1.55% to $4.265 premarket at last check Friday.

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