Aug. 18 at 8:48 AM
$NIO ES8 quietly closing in on 140K
The all-new ES8 is set to hit its 140,000th delivery this week, needing just about a month to go from 130K to 140K. That's a steady ~10,000/month pace, held up largely by the new 5-seat variant that launched July 9. In owner-loyalty surveys, the ES8 posted an NPS of 85.3 — the highest of any all-electric model in China, and buyers comparing it to just one competitor on average. That's not a car people are cross-shopping to death, that's a car people already decided on.
On top of that, ES9 waitlists are still sitting at 13-14 weeks even after its 20,000th delivery on Aug 8, and Morgan Stanley reiterated its Buy rating this month.
Q2 earnings date still TBD (XPEV reports Aug 24, LI reports Aug 26 — Nio likely close behind). Loyalty + waitlists + a flagship SUV cruising at 10K/month is a decent base to walk into that print.
$NIO $XPEV $LI
