Overview

• Pre-sales opened across 300-plus showrooms with a starting price of 416,800 yuan including the battery or 308,800 yuan under the Battery-as-a-Service plan.
• The flagship SUV adopts a 900V architecture with dual motors rated at 520 kW, a ~102 kWh pack targeting 635 km CLTC range, and a 0–100 km/h time of about 3.97 seconds.
• Nio’s president said ES8 pre-orders in the initial hours exceeded the Onvo L90’s comparable period, though no absolute order figures were disclosed.
• Analysts boosted outlooks, with Morgan Stanley lifting its price target to $6.50 and Deutsche Bank raising its Hong Kong target to HK$75 while suggesting the final ES8 launch price could be around 399,000 yuan.
• U.S.-listed shares rallied to a multi-month high and Hong Kong shares jumped as investors reacted to the pricing strategy and product update; Nio reports Q2 results on September 2.