Overview

• Local reports cite 47,000–50,000 locked ES8 orders versus roughly 40,000 units allocated for 2025, and Nio is displaying 24–26 week delivery estimates.
• Onvo chief Fei Shen reaffirmed an October production goal of 15,000 L90 units and said deliveries will accelerate starting this week.
• Weekly insurance registrations for Sept. 15–21 reached 6,670 vehicles across Nio Group, up 8.1%, with Onvo at 2,780, Nio at 2,580 and Firefly at 1,310.
• Bank of America, Nomura and Mizuho raised price targets while mostly keeping Neutral ratings, as Citi lifted its target, kept a Buy and added Nio to its 30‑day upside catalyst watchlist.
• Nio extended “waiting points” and a voucher covering any extra 2026 purchase tax for delays, while co-founder Lihong Qin acknowledged ES6 and EC6 sales remain below expectations.