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Nio Launches ES9 Flagship SUV With 30,000-Yuan Price Cut and BaaS Option

The move positions the three-row EV as a near-term sales catalyst that could boost deliveries and investor confidence as production ramps later this year.

Overview

  • Nio unveiled the ES9 on Wednesday, May 27, 2026, with Chinese prices starting at 498,000 yuan for vehicles with batteries and 390,000 yuan under its Battery‑as‑a‑Service leasing program, and the company scheduled first China deliveries for May 28.
  • The ES9 uses Nio’s NT3.0 900‑volt platform and a 520 kW dual‑motor powertrain paired with a 102 kWh entry battery, delivering 0–100 km/h in 4.3 seconds and a CLTC range of about 620 km.
  • Nio cut 30,000 yuan from April pre‑sale prices across all trims and said it built pre‑launch inventory to enable same‑day handovers at delivery centers.
  • Local reports cited more than 50,000 pre‑orders and sales‑team conversion estimates above 50%, figures that, if sustained, could produce tens of thousands of firm orders early in the sales cycle.
  • Wall Street reacted positively, with US‑listed shares rising about 8% and analysts like Deutsche Bank raising 2026 delivery forecasts as Nio plans a production ramp in H2 2026 and wider roll‑out of fifth‑generation swap stations starting in Q3.