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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...

The Chinese brand expands its flagship battery-powered lineup with a roomier cabin layout , lower entry cost, generous luggage capacity and advanced driver-assistance technology  NIO is broadening the appeal of the ES8 with a new five-seat version, designed to make its large electric SUV more versatile and more competitive in the premium segment . The Chinese automaker officially unveiled the model on Thursday, with two trims available and deliveries scheduled to begin on July 10. The Executive Luxury version starts at 382,800 yuan, equivalent to around $56,340, when purchased with the battery included. Under NIO’s BaaS battery-subscription program, the price drops to 274,800 yuan. The higher-spec Executive Signature is priced from 422,800 yuan, or 314,800 yuan with the battery rented separately. That pricing places the five-seat model 24,000 yuan, or 5.9 percent, below the entry price of the third-generation three-row ES8 , which starts at 406,800 yuan. It is a strategic move t...

On July 6, NIO Vice President Ma Lin revealed that the average selling price (ASP) of the NIO brand reached 443,000 yuan ($65,250) in June, up 61,000 yuan ($8,985) from May, representing a month-on-month increase of about 16% NIO ES9 On July 6, NIO Vice President Ma Lin revealed that the average selling price (ASP) of the NIO brand jumped to 443,000 yuan ($65,250) in June 2026, up 61,000 yuan ($8,985) from May, representing a month-on-month increase of about 16% and underscoring the Chinese EV maker's pricing power in the premium market.  The increase was primarily driven by stronger deliveries of the brand’s premium models. NIO delivered 21,908 vehicles under its core NIO brand in June, with the ES8 and ES9 emerging as the main contributors to sales. The ES9 , which entered its first full delivery month in June, played a particularly significant role. Priced between 498,000 yuan ($73,350) and 628,000 yuan ($92,500), it is currently NIO’s most expensive mass-produced model and als...

The Chinese EV maker has opened pre-orders for the five-seat version of its large ES8 electric SUV, expanding its flagship model family with a more spacious configuration aimed at the premium large five-seat SUV segment The official launch is scheduled for July 9, and the new five-seat variant will be sold alongside the existing six- and seven-seat ES8 models. Display cars are now available in NIO stores, allowing customers to view the vehicle ahead of launch. Customers who place pre-orders before order locking begins can convert a 5,000 CNY deposit , approximately $735, into a 10,000 CNY discount, approximately $1,470, on the final purchase price. The dedicated pre-order channel will close once order locking opens. NIO founder, chairman and CEO William Li said the five-seat ES8 is intended to bring large five-seat SUVs into the all-electric era and strengthen the ES8’s position in the large SUV market. SPACE, COMFORT AND CARGO CAPACITY The five-seat ES8 uses the same body shell...

On June 26 , the Chinese EV maker announces that cumulative deliveries of its flagship ES9 SUV had exceeded 10,000 units within one month of launch, setting a new delivery-speed record for premium battery-electric models priced in the 500,000 yuan ($73,500) segment. NIO founder, chairman and CEO William Li attended the delivery ceremony in person NIO CEO William Li (right) delivers the 10,000th ES9 ti Li Ningchuan, founder of Zhejiang EV-Tech NIO reached the milestone of its 10,000th delivery of the ES9, its new flagship electric SUV, on Friday, underscoring the full-size model's strong market demand since launch. NIO announced this milestone through its official channels, saying that the owner of the 10,000th ES9 is Li Ningchuan, founder, chairman, and general manager of EV parts manufacturer Zhejiang EV-Tech , who also owns another Nio vehicle. Li Ningchuan said at the handover ceremony that he has long been inspired by Li's dedication to technological innovation. "I a...

Earlier today, the third-generation large EV SUV officially celebrated delivery of its 120,000th vehicle, marking what can fairly be described as a successful generational update. The milestone comes as the Chinese EV maker prepares to expand the ES8 lineup. The company announced earlier today that the five-seat ES8 will open for pre-orders on June 28  NIO completed the delivery of the 120,000th unit of the third-generation ES8 in Shanghai on Monday , reinforcing the large electric SUV’s role as one of the core models in the company’s commercial strategy. A MILESTONE SUPPORTED BY STRONG DEMAND The delivery took place at NIO’s Nanxiang center in Shanghai’s Jiading district, 275 days after the first delivery of the third-generation ES8. The achievement highlights sustained demand for the model, which appears to be on track once again to exceed 10,000 monthly deliveries after reaching 110,000 units on May 23. According to a statement from NIO, the owner of the 120,000th ES8, Ms. Ye ,...

The model combines more aggressive pricing with new autonomous-driving hardware and consumer incentives, reflecting intensifying competition in China’s electric-car market Onvo, NIO’s volume-focused sub-brand, launched the updated L60 SUV on Thursday with a 6.8% lower starting price , underscoring its push to strengthen competitiveness in China’s crowded EV market. The new L60 starts at 192,800 yuan ($28,440) with the battery included, down from 206,900 yuan for the previous version, while deliveries are scheduled to begin tomorrow.  The model is offered in three trims — Pro, Max+, and Ultra+ — priced at 192,800 yuan, 202,800 yuan, and 222,800 yuan, respectively. Under the BaaS (battery as a service) battery-rental scheme, starting prices fall to 135,800 yuan , 145,800 yuan, and 165,800 yuan. The update introduces 106 enhancements, led by the first use of NIO’s in-house 5-nanometer automotive chip, the Shenji NX9031, and the addition of LiDAR-equipped variants. The Max+ and Ul...

Ma Lin, NIO's vice president of branding and communications, said Monday that the average transaction price of the NIO main brand surpassed 450,000 yuan ($66,330) last week, overtaking traditional luxury auto brands. This strong upward pricing trend is mainly driving by strong demand for the new flagship SUV ES9 and the continued hot sales of the ES8 The NIO flagship SUV ES9 Ma Lin, NIO's vice president of branding and communication s, said Monday that the average transaction price of the Chinese EV maker's main brand vehicles is rising rapidly, highlighting that the company maintains strong brand appeal in China's fiercely competitive premium auto market.  Ma Lin said that the average transaction price of the NIO main brand vehicles exceeded 450,000 yuan ($66,330) last week. He hinted that this average transaction price has surpassed major rivals including Mercedes-Benz, BMW, Audi, and the Huawei-backed Aito. This strong upward pricing trend is mainly due to the re...

On the evening of May 21, during the Xiaomi “Human x Car x Home” event, Xiaomi officially unveiled its YU7 GT, marking the smartphone maker's foray into a more premium automotive segment.  The YU7 GT is equipped with Xiaomi's next-generation HyperEngine V8s EVO. Its dual-motor system delivers a combined maximum output of 738 kilowatts , equivalent to 990 horsepower (1003 Ps-1003,4 Cv).  This motor achieves a maximum speed of 28,000 rpm and utilises a self-developed silicon carbide (SiC) power module, increasing power by 5.9%. With ultra-thin 0.15 mm stator and rotor silicon steel sheets, the motor boasts an efficiency of 98.38%.  The YU7 GT can accelerate from zero to 100 kilometers per hour in 2.92 seconds . It has a top speed of 300 km/h and offers a driving range of 705 kilometers.  It is equipped with a 101.7 kWh ternary lithium battery based on a 897V SiC high-voltage platform, capable of adding 570 km of range in 15 minutes of charging. In terms of exterior ...

Chinese EV maker has officially launched in China its new flagship SUV  with retail price range between 279,800 yuan ($41,120) and 359,800 yuan ($52,900). This pricing is highly aggressive and significantly lower than the pre-sales price (399,800 yuan - $58,790) announced a month ago. It is available with BEV and EREV powertrain options   Xpeng has officially launched its new flagship model, the GX, a new vehicle aimed at gaining an edge in China's increasingly competitive large SUV market. The Xpeng GX is the brand’s first three-row SUV. In terms of body dimensions, the new flagship model Xpeng GX demonstrates the massive size of a full-size SUV, measuring 5,265 mm in length , 1,999 mm in width, and 1,800 mm in height, with a wheelbase of 3,115 mm.  Despite a high bonnet line, this large family driver boasts a drag coefficient of 0.255 Cd. Despite the upcoming domestic regulations, the GX adopts retractable door handles that align with the overall minimalistic stylin...

Xiaomi's electric vehicle unit Xiaomi EV announced Monday that its upcoming high-performance SUV, the YU7 GT, has set a new lap record at Germany's renowned Nürburgring Nordschleife track, clocking a lap time of 7:34.931 Xiaomi's electric vehicle unit Xiaomi EV announced Monday that its upcoming high-performance SUV , the YU7 GT, has set a new lap record at Germany's renowned Nürburgring Nordschleife track.  Driven by Xiaomi's chief test driver Ren Zhoucan , the YU7 GT test vehicle completed the lap in 7 minutes and 34.931 seconds, marking a significant breakthrough for Chinese automotive brands in this arena.  The challenge shattered the historical lap record for production SUVs at the track and made Ren the first Chinese professional driver to receive an official Nürburgring lap certification.  The 7:34.931 result surpassed the previous Nürburgring SUV production record set by the Audi RS Q8 performance , which recorded a lap time of 7:36.698 in 2024. The Porsche...