On September 1, NIO Inc. fell 6.38% in pre-market trading to $4.04/share, with turnover of $4.49 million, touching a fresh 52-week low ahead of its Q2 earnings release scheduled for the same session.

The decline was triggered by a combination of disappointing August delivery data and pre-earnings anxiety. NIO delivered 35,836 vehicles in August, up just 14.5% year-over-year — a sharp deceleration from July's 71% YoY surge — and essentially flat on a month-over-month basis versus July's 35,934 units. Among brands, NIO delivered 21,174 units, ONVO 8,810, and FIREFLY 5,852. Year-to-date cumulative deliveries reached 262,893, up 57.9% YoY, but the slowing monthly momentum weighed on sentiment.

Compounding the pressure, NIO's Q2 report is expected to show revenue of approximately RMB 33.5 billion, up around 68% YoY, with an adjusted loss per share of RMB 0.21. Markets are closely watching gross margin trajectory and whether losses continue narrowing. Additionally, the departure of NIO's autonomous driving chief to launch an independent robotics venture has raised concerns over R&D continuity. Options markets had already priced in approximately 8.8% earnings-day volatility.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)