NIO Inc. Shares Surge Over 7% on Strong April Sales of New ES8 Model

Stock News05-13 23:01

On Wednesday, shares of NIO Inc. (NIO.US) rose more than 7%, trading at $6.54. The company announced that retail sales of its new ES8 model reached 13,020 units in April. This marks the fifth consecutive month the model has led sales in the large SUV segment and among vehicles priced above 400,000 yuan, regardless of powertrain type, further solidifying its leading position in the premium all-electric SUV market.

As NIO's flagship SUV, the new ES8 has demonstrated steady market performance since its launch and initial deliveries in September 2025. The April sales figure of 13,000 units maintains the model's streak of exceeding 10,000 monthly sales over the past five months, consistently securing a top position in the high-end SUV market.

Within the price segment above 400,000 yuan, the new ES8 has surpassed sales of several traditional luxury brand models, establishing itself as the sales benchmark in this category.

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