Mei Ri Jing Ji Xin Wen·2025-08-22 09:27Core Viewpoint - NIO's founder and CEO Li Bin addressed concerns from existing car owners regarding pricing, stating that maintaining high prices would hinder market competitiveness. He emphasized the importance of the company's survival and the need to prioritize overall decisions over individual customer satisfaction [1][12]. Pricing and Product Launch - The new ES8 has a starting price of 416,800 yuan for the six-seat and seven-seat luxury versions, and 456,800 yuan for the six-seat signature version, marking a price drop of 111,200 yuan compared to the second-generation ES8's launch price range of 528,000 to 638,000 yuan [2][1]. - The new ES8 is set to be launched and delivered in late September 2023, with pre-sales already initiated [1][4]. Vehicle Specifications - The new ES8 is built on the NT3.0 platform, featuring dimensions of 5280mm in length, 2010mm in width, and 1800mm in height, with a wheelbase of 3130mm, making it the largest pure electric SUV in China [4][1]. - It offers two seating layouts and is available in six colors, enhancing passenger comfort and aesthetic options [6][1]. Performance and Technology - The vehicle is equipped with a dual-motor system providing a total power output of 520 kW and a standard 102 kWh battery pack, achieving a CLTC range of 635 km. It supports 900V ultra-fast charging and battery swapping [8][1]. - The new ES8 is the only mass-produced vehicle in its class to achieve a 0-100 km/h acceleration in just 3.97 seconds, thanks to its 900V architecture [8][10]. Market Position and Future Plans - NIO has invested over 18 billion yuan in charging and battery swapping infrastructure, with over 8,100 stations built across China [12][1]. - The company plans to launch nine new models across its three brands by 2025, indicating a significant expansion in its product lineup [12][1]. - Following the announcement, NIO's stock saw a rise of 9.27% in the US market and 11.12% in Hong Kong, reflecting positive investor sentiment [12][13].