All articles tagged with #nio
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 founder William Li warned that China’s domestic auto retail sales may fall 15%–20% in 2026, even as the company targets 40%–50% annual growth, aided by strong demand for its Onvo and Firefly lines amid a broader shift to NEVs. The market remains weak, with January–May auto retail down about 19.5% and early June declines over 22%, but Nio posted solid momentum with 150,526 deliveries in Jan–May and profitability in Q4 and Q1. Li stresses long-term transformation through heavy R&D (over 68.8 billion yuan) and continued investment in charging and battery-swap networks, arguing the move to pure electric vehicles is irreversible and should expand Nio’s share as its multi-brand strategy scales."
Stock futures fell Monday amid renewed geopolitical tensions, but the session highlighted notable movers including TMHC, NVDA, IBM, CRM, BRK.A/BRK.B, NIO, XPEV, WSE and RDW as investors weigh energy-driven inflation and market volatility.
NIO posted RMB25.5B in total revenues for Q1 2026 and delivered 83,465 vehicles (up 98.3% YoY), with vehicle margin at 18.8% and gross margin at 19.0%; GAAP net loss was RMB332.1M, while cash and equivalents stood at RMB48.2B. The company expects Q2 deliveries of 110k–115k and total revenues of RMB32.8–34.4B as it advances launches across its NIO, ONVO, and FIREFLY brands, including the ES9 and ONVO L80.
NVIDIA is the marquee name in a mixed earnings week, driven by AI-related data-center demand and momentum around its Blackwell architecture despite China export restrictions; Baidu and NIO are watched for AI and EV growth amid competition and U.S.–China tensions; Walmart and Home Depot will offer clues on consumer spending, tariffs effects, and e-commerce profitability, helping gauge the broader market direction.
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 opened its first Costa Rica store, its first overseas location, showcasing its three-brand lineup (Nio, Onvo, Firefly) and models such as Nio ET5 Touring, EL6, EL8, and Onvo L60, with Onvo L90 pre-sales announced for EXPOMOVIL. The showroom is operated with Horizontes Cielo Azul as the national distributor, signaling a shift to an asset-light expansion in Latin America and aligning with broader overseas push (including Thailand and future Australia/New Zealand).
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 delivered 20,797 vehicles in February, up about 58% year-on-year despite Lunar New Year disruptions, with the main brand at 15,159 units (up 65.8% YoY but down from January). To sustain momentum into March, Nio extended seven-year low-interest loans and subsidies across its main brand and its Onvo and Firefly sub-brands through the end of the month.
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 reported a record-breaking year in 2025 with total vehicle deliveries reaching 326,028, a 46.9% increase year-over-year, including a December high of 48,135 vehicles, driven by strong sales across its brands and the success of its flagship SUV, the NIO All-New ES8.
In October 2025, China's leading EV makers showed mixed results, with Nio and XPeng experiencing strong growth, Li Auto facing declines, and BYD maintaining its leadership despite market headwinds. Nio and XPeng reported significant year-over-year delivery increases, while Li Auto's sales dropped sharply. BYD remains the largest EV producer in China, with positive international expansion and strong analyst ratings, making it a favored investment among Wall Street analysts.
Nio and XPeng reported strong October EV deliveries, with Nio surpassing 40,000 units for the first time and XPeng continuing its growth, while Li Auto faced declines, marking a challenging period for the latter amidst competitive pressures and weak demand.