NEW YORK, December 29, 2025, 10:42 ET
- Nio said it delivered the 40,000th third-generation ES8 about 100 days after launch
- Recent deliveries imply a roughly 27,000-unit monthly run rate, Electric-Vehicles.com reported
- Nio also marked 200 battery swap stations in Shanghai, according to CnEVPost
Nio Inc said on Monday it had delivered the 40,000th unit of its third-generation ES8, a flagship three-row electric SUV, roughly 100 days after the model launched.
The milestone lands as the Chinese EV maker heads into year-end with investors watching whether higher-priced models can keep momentum in a fiercely competitive home market dominated by heavy discounting and fast product launches.
Nio guided in November for fourth-quarter deliveries of 120,000 to 125,000 vehicles, below an earlier goal of 150,000, and said it aimed for its first non-GAAP quarterly profit — a measure that excludes certain non-cash or one-time items — according to a CnEVPost report.
The third-generation ES8 debuted at the company’s Nio Day event on Sept. 20, and deliveries began the following day, Stocktwits reported.
The ES8 starts at 406,800 yuan ($58,010) including the battery pack and comes in six- and seven-seat configurations, CnEVPost said.
Nio delivered 10,000 ES8s in the past 11 days, which works out to a monthly run rate of about 27,000 units if sustained, reported.
Chief executive William Li called the ES8 “the fastest model priced over 400,000 RMB” to reach 40,000 deliveries in China, Stocktwits reported, citing his social media post. Stocktwits
The 40,000th delivery came 11 days after Nio marked the 30,000th unit delivered for the same model, CnEVPost reported.
Nio delivered 36,275 vehicles in November, up 76.3% from a year earlier, the company said on Dec. 1.
CnEVPost said the ES8 recorded 10,689 deliveries in November, as output of the updated model ramped.
Nio also crossed a milestone in its battery swapping network in Shanghai, its headquarters city, with the 200th battery swap station going live on Dec. 28 at a Sinopec fuel station, CnEVPost reported.
Battery swap stations let drivers exchange a depleted battery for a charged one in minutes, a service Nio has used to differentiate itself from rivals such as Tesla and BYD that rely primarily on charging. Nio operates 3,655 swap stations across China, including 1,008 along highways, and has provided about 10.4 million swap services in Shanghai, CnEVPost said.
Nio’s U.S.-listed shares were up about 4% at around $5.31 in late morning trading in New York.
As of Nov. 30, Nio had delivered a cumulative 949,457 vehicles across its brands, the company said.
