$NIO (Nio Inc.-ADR) news recap:
➜ NIO brand's average transaction price reached about $ 64,010 in July. Based on 20,008 deliveries, the main NIO brand generated roughly RMB 8.7 billion in monthly revenue.
➜ Qin Lihong said NIO's average selling price is now close to that of traditional luxury joint-venture brands. NIO brand sales rose more than 50% year on year in the first half of 2026, with management expecting an even stronger second half.
➜ NIO's smart driving usage continued to accelerate in July, the first full month after the major World Model update. Monthly assisted driving mileage exceeded 240 million km, up 27.2% month on month, while Urban NOP+ mileage increased 36.9%. More than 36% of users now complete over half of their driving using smart driving, and the next major update is already in development.
➜ Chinese cities are launching a new wave of local vehicle subsidies in August, with new energy vehicles remaining the primary focus.
➜ NIO has partnered with Miyun Cultural Tourism to create a new integrated "car + cultural tourism" experience for users of all three brands across the Beijing-Tianjin-Hebei region.... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
All good news yet we still open up red.. LOL ... Show More
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