China NEV Price Cuts Ease in June as Average Discount Narrows to 5.6%
In June 2026, China’s NEV prices saw reduced discounts, with average cuts at 5.6%, notably lower than overall vehicle trends.
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NIO June Deliveries Rise 62.9% to 40,597 Units, Hit New 2026 High
NIO Inc. reported record June 2026 deliveries, reaching 40,597 vehicles, marking 62.9% year-on-year growth and a strong first half.
ONVO L60 Hits 100K Deliveries Following 2026 Model Launch
ONVO reached its 100,000th L60 delivery in Shanghai, becoming a top contender in the battery electric SUV market within two years.
NIO ES8 Finally Gets 5-Seat Option After 120K Deliveries
NIO announced the five-seat ES8, with presales starting June 28, featuring enhanced passenger comfort and spacious cargo capacity.
NIO Pushes OTA to 700K Users as ONVO Coconut+ Gets a Major Update
NIO is deploying its NWM 2.5 update, enhancing intelligent driving across 700K vehicles and improving user experience through advanced technology.
NIO ES9 Reportedly Sees 20,000+ Firm Orders Within 72 Hours of Launch
The NIO ES9 quickly gained traction with high orders and strong buyer profiles, significantly impacting NIO’s overall sales and market sentiment.
ONVO to Open Pre-Sales for Updated L60 at Greater Bay Area Auto Show
ONVO’s updated L60 pre-sales start May 29, focusing on intelligent driving and smart upgrades.
NIO’s ONVO L80 Sees Over 90% of Early Buyers Choose BaaS Scheme
NIO expects the L80 to become one of its key SUV growth drivers in Q2 as the company targets quarterly deliveries of 110,000–115,000 vehicles.
NIO Earnings Media Q&A Flags Large SUV Focus to Protect Profitability
NIO’s Q1 results show profitability, with focus on SUVs, R&D investment, and a balanced three-brand strategy for growth.
XPeng GX Slashes Launch Price by $17,600, Bets on Full-Size SUV Push
The XPeng GX’s pricing and features spark debate, aiming to enter the premium SUV market competitively against rivals.