Core Viewpoint - NIO-SW (09866) shares rose over 6% in the afternoon, with a current increase of 5.43%, trading at HKD 53.35, with a transaction volume of HKD 437 million [1] Group 1: Upcoming Earnings and Product Launch - NIO is set to release its Q2 earnings on September 2 [1] - The new ES8 model has garnered significant attention and is scheduled for launch and delivery in late September [1] Group 2: Market Response and Competitive Pricing - The L90 model from NIO's new brand, Le Dao, has received positive market feedback with a starting price of RMB 265,800 (RMB 179,800 under the BaaS plan) [1] - JPMorgan believes that the pricing of both the ES8 and L90 models is highly competitive, as NIO offers a unique BaaS option that can effectively reduce the purchase price by approximately 25-30%, making them more attractive compared to similar models in the same market segment [1]

Group 1 - NIO's stock surged by 11% to $6.15 following the announcement of the new ES8 model's pre-sale [1] - The starting price for the new ES8 is set at 416,800 yuan, with a battery rental option bringing the price down to 308,800 yuan, significantly lower than market expectations [1] - CEO Li Bin stated that the new ES8 pricing reflects a return to its appropriate pricing range, emphasizing that pursuing higher profit margins would hinder competitiveness in the current market [1]

Group 1 - NIO's stock surged by 11% to $6.15 following the announcement of the new ES8 model's pre-sale [1] - The starting price for the new ES8 is set at 416,800 yuan, with a battery rental option bringing the price down to 308,800 yuan, significantly lower than market expectations [1] - CEO Li Bin stated that the new ES8 pricing reflects a return to its appropriate pricing range, emphasizing that pursuing higher profit margins would hinder competitiveness in the current market [1]