Benzinga·2026-02-24 17:37Product Strategy - Nio's co-founder and president outlined the company's near-term product strategy, focusing on the core Nio lineup and the Onvo sub-brand [1] - A dedicated product and technology showcase for the ES9 SUV is planned around April 10, with expectations for showroom availability in May and deliveries starting in June [2] - The Onvo division will introduce a new vehicle, the L80, in the second quarter, with full specifications to be released by the end of April [2][3] Battery-Swap Service - Nio set multiple single-day records for its battery-swap service during the 2026 Spring Festival, peaking at 177,627 daily swaps, indicating strong demand for its infrastructure [4] - The company broke its own historical record six times in February, reflecting robust activity in its battery-swap service [4] Stock Performance - At the time of publication, Nio shares were down 1.71% at $5.19, according to Benzinga Pro data [4]