All articles tagged with #es8
Nio's third-generation ES8, a three-row luxury electric SUV with a swappable 102 kWh pack, has become a huge hit in China, selling about 120,000 units in its first year and 100,000 in seven months and boosting Nio's profitability; priced around $59,600 (or $43,000 with battery-as-a-service), it offers high-end features at strong value, though exports outside China have not yet begun.
Nio opened pre-orders for the five-seat ES8 with a July 9 launch date and a limited-time 5,000-yuan deposit that can be applied as a 10,000-yuan discount. The five-seat version shares the ES8’s overall footprint but uses a shorter 3,130 mm wheelbase, offers up to 3,084 liters of cargo space (frunk 230 L, rear 1,334 L), and is built on a 900-volt architecture with a 102-kWh pack delivering a 655 km CLTC range. It features the Cedar SUV-driver system powered by the Shenji NX9031 chip, and display cars are available in stores now.
Nio's Hong Kong shares jumped about 7% after CEO William Li reaffirmed a 40%-50% annual delivery growth target, buoyed by strong ES8 sales (March: 16,255 units) and ES9 pre-sales at a starting price of 528,000 yuan. The ES8 continues to lead the 400,000+ yuan segment for four months, while the ES9 is set for a late-May launch with deliveries starting June 1, helping the stock outperform its EV peers.
Nio’s third‑generation ES8 delivered 11,260 units in February, making up 54.14% of Nio’s total deliveries and 74.28% of the main-brand volume; year-to-date ES8 deliveries total 28,918 (60.27% of total). To spur spring demand, Nio offered a 10,000 yuan purchase‑tax subsidy plus perks like free NOP+ access and financing options, as it targets its first quarterly profit in Q4 2025 with earnings due March 10.
Nio has delivered its 60,000th third‑generation ES8 SUV, two weeks after the 50,000th unit, with the milestone announced by Yang Bo on Weibo in Guangzhou. December deliveries reached 48,135 vehicles, with the ES8 contributing 22,258 units. As production capacity increases and wait times shrink to about 11–12 weeks, Nio is gearing up for the ES9 launch in Q2, likely debuting at the Beijing auto show and sharing technology with the ET9.
Nio delivered 27,182 vehicles in January, up 96.08% year over year and down 43.53% from December, driven by strong performance of the Nio main brand, particularly the ES8 SUV.
Nio shares in Hong Kong have surged nearly 33% over three days following the debut of the third-generation ES8 SUV, which features a lower price, larger size, and advanced autonomous driving technology, boosting market optimism and brand interest.