Ge Long Hui·2025-08-08 08:17Core Viewpoint - NIO's stock rose by 2.14% to $4.78 ahead of market opening, driven by the successful launch of its second model, the ET90, which has quickly gained traction in the large SUV market [1] Group 1: Product Launch and Pricing - NIO's sub-brand, Lido, launched its second model, the L90, at the end of July, with prices for the six-seat version ranging from 265,800 to 299,800 yuan, and battery rental options priced between 179,800 and 213,800 yuan [1] - The seven-seat version of the L90 is priced between 271,800 and 299,800 yuan, with battery rental options from 185,800 to 213,800 yuan [1] Group 2: Market Performance - NIO's CEO, Li Bin, announced on social media that the L90 model entered the top three in weekly sales for large SUVs just three days after its launch, indicating strong market demand [1] - The report from Western Securities highlights that the fully equipped L90 is priced under 300,000 yuan, showcasing its competitive value proposition [1] Group 3: Target Market and Sales Expectations - The L90's combination of comfort features and spacious interior makes it particularly suitable for families and long-distance travel, suggesting a potential for exceeding sales expectations [1] - Western Securities maintains an "overweight" rating on NIO, reflecting confidence in the company's growth prospects following the L90's launch [1]