Xin Jing Bao·2025-08-05 07:56Core Insights - The domestic electric vehicle market is experiencing significant changes, with NIO's new model, the L90, achieving impressive sales and positioning the company for growth [1][5]. Group 1: Sales Performance - NIO's L90 model sold 7,927 units in the week of July 28 to August 3, ranking fourth in the industry [1]. - The L90 model, launched recently, delivered 1,976 units within three days, making it one of the top three in the large SUV sales category [1]. Group 2: Market Impact - The success of the L90 has positively impacted the overall NIO brand, creating a "spillover effect" that has boosted sales of the more affordable L60 model and other vehicles under the NIO brand [2]. - The L60 model has seen a significant sales rebound, attracting consumers who initially came to experience the L90 [2]. Group 3: Product Strength and Infrastructure - The strong sales of the L90 are attributed to NIO's decade-long accumulation of electric vehicle technology and its comprehensive charging and battery-swapping infrastructure, combined with competitive pricing [4]. Group 4: Institutional Support - Leading investment institutions have expressed optimism about NIO's future, with Citigroup highlighting the L90 as the best value product in the seven-seat electric SUV market [5]. - Other firms, including Daiwa Capital, Morgan Stanley, Deutsche Bank, UBS, and CICC, have also provided positive assessments of the L90's market potential and NIO's growth prospects [5].