Overview

• Order taking for the third‑generation ES8 is live in China, priced from 416,800 yuan or 308,800 yuan under Battery‑as‑a‑Service, with deliveries slated to begin in late September.
• Morgan Stanley reported that ES8 preorders may have surpassed 30,000 within the first days, after management said early interest outpaced the L90’s comparable launch window.
• Industry data show Onvo logged 4,104 insurance registrations in Aug 18–24, including a record 2,540 L90s and 1,564 L60s, with the L90 on pace to exceed 10,000 in August.
• Nio is recruiting more than 200 manufacturing staff as its Hefei F3 plant readies for a September start, with initial capacity previously indicated at about 100,000 units on a single shift.
• JPMorgan upgraded Nio to Overweight with an $8 price target and added it to Positive Catalyst Watch, following a multi‑session stock rally that included a 14.84% intraday jump in Hong Kong.