US Stock Market Move | NIO Inc. Sponsored ADR Class A (NIO.US) surged nearly 10% with the release of the pre-sale of the all-new ES8 flagship SUV, showcasing advanced technology features.

On Thursday, NIO Inc. Sponsored ADR Class A (NIO.US) surged nearly 10% to $5.56. In terms of news, on August 21, NIO Inc. Sponsored ADR Class A released pre-sale information for its flagship all-scenario technology SUV NIO ES8: The Executive Deluxe Corporation version with six/seven seats has a starting pre-sale price of 416,800 yuan, with the option to purchase using the BaaS battery rental method for a starting price of 308,800 yuan; The Executive Signature version has a starting pre-sale price of 456,800 yuan, with the option to purchase using the BaaS battery rental method for a starting price of 348,800 yuan. The new ES8 will officially launch in late September and begin delivery.