Overview

• Presales for the third‑generation ES8 in China start at 416,800 yuan with a 100‑kWh battery, or 308,800 yuan with Battery‑as‑a‑Service.
• Reports indicate the BaaS launch price could fall below 300,000 yuan at Nio Day in late September, though final pricing is not yet confirmed.
• William Li says survival is the top priority and defends the price reset despite likely frustration from existing owners.
• Cost cuts cited include renegotiated supplier contracts, material changes, NT3.0 with 900‑volt architecture, and an in‑house NX9031 5‑nm chip replacing Nvidia’s Orin X.
• Nio delivered 114,150 vehicles in H1 2025 versus a 440,000 full‑year target and posted a Q1 net loss of about 6.7 billion yuan, with Q2 results due September 2.