Core Viewpoint - NIO has announced a price reduction for its 100 kWh long-range battery pack, decreasing the price from 128,000 yuan to 108,000 yuan, effective from August 19 [1] Group 1: Price Adjustments - The permanent upgrade service price for the battery has been reduced from 58,000 yuan to 38,000 yuan, indicating a significant cost reduction for consumers [1] - The price drop of 20,000 yuan for vehicles equipped with the 100 kWh battery pack is aimed at enhancing market competitiveness [1] Group 2: Sales Performance - In July, NIO's total vehicle sales reached 21,000 units, with the main brand delivering 12,700 units, the Lido brand delivering 5,976 units, and the Firefly brand delivering 2,366 units [1]

Group 1 - NIO announced a price reduction for its 100 kWh long-range battery pack from 128,000 yuan to 108,000 yuan starting August 19 [2][5] - The company also adjusted the pricing for its battery upgrade service, lowering it from 58,000 yuan to 38,000 yuan [2][5] - This price adjustment is attributed to factors such as declining battery costs, increased scale of battery production, and enhanced market competitiveness [5] Group 2 - The price reduction results in a decrease of 20,000 yuan for NIO vehicles equipped with the 100 kWh battery pack [5] - In July, NIO's total vehicle sales reached 21,000 units, with the main brand delivering 12,700 units, the Lada brand 5,976 units, and the Firefly brand 2,366 units [5]