The third-generation Nio ES8 saw retail sales of 11,472 units in May, topping the sales chart in China's large SUV market for the sixth consecutive month.

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A Nio executive said the average transaction price of the Nio main brand surpassed 450,000 yuan ($66,330) last week, overtaking traditional luxury auto brands.

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Deutsche Bank expects Nio's second-quarter non-GAAP net profit to reach around 180 million yuan ($26.5 million), benefiting from the strong performance of high-margin SUV models.

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Nio president said ES9 and updated ES8 will both hit key delivery milestones this month.

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Cumulative deliveries of the ES8 reached 69,688 units in the January-May period, accounting for 46.30% of Nio Inc's total deliveries.

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The ES8 drove Nio Inc's continued profitability in the first quarter, with its single-month deliveries in May expected to top 10,000 units again.

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The move is expected to further elevate Nio ES8's brand image in the premium executive market.

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A Nio executive revealed the upcoming milestone, implying ES8 monthly deliveries are on track to exceed 10,000 units again in May.

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Nio ES8 recorded retail sales of 13,020 units in April, extending its dominance in China's premium market.

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Nio's April deliveries breakdown highlights the continued overwhelming dominance of the ES8 SUV.

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The Nio ES8 Mirrorblack Edition starts at 456,800 yuan ($66,820) including the battery pack, which is 12.29% higher than the regular ES8.

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The third-generation ES8 is poised to see monthly deliveries exceed 10,000 units for a sixth consecutive month.

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Nio shares jumped over 7% in Hong Kong early trading after its CEO reiterated strong confidence in an annual delivery growth target of 40% to 50%.

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The ES8 contributed 45.81% of Nio Inc's March deliveries and 54.14% of its first-quarter deliveries.

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A Nio executive teased the upcoming milestone, implying March deliveries of the ES8 approached 20,000 units.

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Nio president Qin Lihong said the five-seat ES8 will be launched in early July, marking the company's first mention of the model.

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Nio is set to see the delivery of its 80,000th third-generation ES8 SUV this week as orders recover following the Chinese New Year.

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Nio rolled out a 10,000 yuan ($1,450) Nebula Red color option for its flagship ES8 SUV to attract more buyers.

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After the Chinese New Year holiday ended in late February, new orders for the ES8 have recovered well, Nio president said.

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Nio Inc's weekly orders reached a 2026 high in early March, largely driven by a series of new promotional measures, according to Deutsche Bank.

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The ES8 delivered 11,260 units in February. Nio introduced purchase tax subsidies for the SUV to boost spring demand.

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The milestone comes less than a month after the model surpassed 60,000 deliveries on February 1.

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Nio crossed the 60,000-unit delivery milestone for its third-generation ES8 just on February 1.

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Nio is experiencing a shortage of signal processing chips for the audio system in its ES8 SUV. Vehicles produced next month will utilize a short-term alternative solution.

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