NIO-SW Shares Surge Over 6% on ES9 Delivery Milestone and Expanding Product Portfolio

Stock News06-18

Shares of NIO-SW (09866) have risen over 6% against the broader market trend. At the time of writing, the stock is up 6.16% to HK$42.04, with a turnover of HK$64.1 million.

The catalyst for the move is news that the company's ES9 model is set to achieve a significant delivery milestone this month. On June 17th, William Li, Founder, Chairman, and CEO of NIO, announced via Weibo that the company will deliver 10,000 units of the ES9 within the current month.

Product Launches Accelerate

This development comes amid a busy second quarter for new vehicle launches. The ES9 was officially launched and began deliveries on May 27th. The Ledao L80 model was officially launched and started deliveries on May 15th. The 2026 model year Ledao L90 began deliveries on May 9th, and the new Ledao L60 was officially launched on June 11th.

Analyst Outlook on Growth Trajectory

Analysts have previously highlighted that the company's product portfolio is set for continuous expansion in 2026. They note that NIO's profitability is on a path of systematic recovery and that the company is making steady progress toward its goal of achieving a full-year positive Non-GAAP operating profit.

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