ugo lézin
Sunday $NIO (Nio Inc.-ADR) news recap: ➜ NIO has launched the five-seat ES8, lowering the entry price to about $ 40.5K. With EV penetration in this luxury segment still at just 6.25%, William Li is aiming to unlock new demand and expand market share. ➜ Li Bin said Tesla’s intelligent driving is excellent, but believes NIO World Model has the potential to go head-to-head with FSD by leveraging local road-condition advantages and swarm intelligence. ➜ BaaS adoption remains extremely strong, with users accounting for about 90% of the mix. ➜ William Li said memory chip and raw material costs could raise ES8 costs by about RMB 20,000, and that NIO is working with suppliers to keep both costs and pricing under control. ➜ NIO Capital scored another win as Momenta officially debuted on the Hong Kong Stock Exchange, highlighting the value of its early investment. ➜ Firefly has been shortlisted for the final round of the 2026 German Golden Steering Wheel Award in the small car category. ➜ China’s top 10 full-size SUV sales rankings for June are out. AITO M9 reclaimed first place after its late-May refresh, NIO ES8 ranked second, and ES9 jumped six spots to third with 8,595 deliveries.
Not investment advice. The author may have financial interests in the mentioned instruments.
1 Mentioned
null
.