On May 14, NIO-SW (09866.HK) shares opened significantly higher, rising over 7%. This follows a gain of more than 7% for NIO Inc. (NIO) in US trading the previous day, where it closed at $6.54. On May 11, NIO launched nationwide test drives for its upcoming ES9 model, which is scheduled for official market release on May 27. Positioned as a technological executive flagship SUV, the ES9 represents the culmination of NIO's eleven years of systematic innovation and is touted as the pioneer in the intelligent electric executive flagship SUV segment, with a pre-sale price starting from 528,000 yuan. On May 10, an NIO ES9 completed a 10,000-kilometer continuous drive in 94 hours, 19 minutes, and 11 seconds, breaking the previous record of 98 hours, 6 minutes, and 42 seconds set by the Ledao L60 on July 8, 2025, for an all-electric vehicle.
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