NIO starts nationwide deliveries of 5-seat ES8 SUV in China
NIO began nationwide deliveries of its 5-seat ES8 SUV in China on Friday, as the Chinese EV maker seeks to cement its lead in the premium large SUV market with a more complete product lineup. Nio founder, chairman and CEO William Li, along with co-founder and president Qin Lihong, attended the delivery ceremony and handed over the new vehicles to the first batch of users. Nio founder, chairman and CEO William Li (second from left) and the company's cofounder and president Qim Lihong (first from right) delivered the five-seat ES8 to the first customers The 5-seat ES8 comes in two trims . The 5-seat Executive Luxury version starts at 382,800 yuan ($56,470) for the full-vehicle purchase, or 274,800 yuan ($40,450) under the BaaS (battery as a service) battery rental plan. The 5-seat Executive Signature version starts at 422,800 yuan ($62,230) for the full-vehicle purchase, or 314,800 yuan ($46,340) under the battery rental plan. NIO said the first batch of users receiving deliv...