On August 21st, NIO Inc. (NIO.US) shares opened with gains exceeding 7% in US trading, rapidly approaching the $5.5 high.
The surge followed today's pre-sale announcement for the all-new ES8, NIO's full-scenario technology flagship SUV. The Executive Luxury Edition is available in six-seat and seven-seat configurations with pre-sale pricing starting at 416,800 yuan. Under the BaaS (Battery as a Service) rental model, the pre-sale price begins at 308,800 yuan. The Executive Signature Edition carries a pre-sale price starting at 456,800 yuan, or 348,800 yuan with the BaaS option.
The all-new ES8 is scheduled for official launch and delivery commencement in late September.
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