Lates News

NIO (NIO.US) rose more than 5% in pre-market trading to $5.82; H shares surged over 11% to $45.76. On the news front, the all-new ES8 by NIO officially started presales of the executive luxury version with six/seven seats starting at 416,800 yuan, and with the BaaS battery rental option priced starting at 308,800 yuan. The all-new ES8 will be officially launched and deliveries will begin in late September 2025. NIO Chairman Li Bin stated at the launch event for the all-new ES8 that the era of pure electric large SUVs is coming and the sales growth rate of the product has exceeded that of the gasoline and hybrid versions. He also mentioned that since the launch of the first-generation model in 2017, NIO ES8 has accumulated sales of 93,000 units. In addition, NIO President Qin Lihong revealed that the number of pre-orders for the all-new ES8 exceeds that of the LeDao L90 during the same period.