Latest in EV news, technologies, data and insights from China market
NIO aims to deliver 40,000 third-generation ES8 units by 2025’s end, leveraging technological advancements for competitive pricing while enhancing battery swap capabilities and expanding overseas partnerships.
NIO VP and Chief Autonomous Driving Scientist Ren Shaoqing will join USTC to lead a new AI lab focused on long-term general AI research, while retaining his role at NIO.
Compared with the earlier 1.1.0 release, Aster 1.2.0 introduces a new “Pet Mode” and interactive animations, further enhancing in-car entertainment and human–machine interaction.
From January to August, the top three selling RMB 300,000 ($42,000) electric SUVs were the Tesla Model Y, NIO ES6, and Luxeed R7. However, the rapid sales growth of the Xiaomi YU7 is poised to shake up this ranking.
UBS believes that with an improved capital structure and the launch of new models, NIO is likely to reach breakeven on a non-GAAP basis in Q4 this year.
Currently, major automakers including Seres Group, BYD, Xiaomi Auto, NIO, Great Wall, Changan, Chery, GAC, SAIC, Dongfeng, and Li Auto have voiced support for the Code.
NIO has begun nationwide shipments of its all-new ES8 ahead of the model’s official launch.
According to NIO’s release, NIO delivered 34,749 units in September 2025, YoY +64.1%, MoM +11.0% (vs Aug 31,305 units), with…
NIO halted trading in Singapore, announcing a plan to issue 182 million shares for R&D, battery network expansion, and corporate purposes, causing stock price declines.
In August, retail sales of NEVs reached 1.101 million units, up 7.5% YoY and 11.6% MoM, with a retail penetration rate of 55.2%, an increase of 1.5 percentage points from a year earlier.