Overview
- NIO, which launched the ES9 on Wednesday, May 27, began customer deliveries in China on Thursday, May 28.
- The company cut launch prices by 30,000 yuan across trims so the ES9 now starts at 498,000 yuan or 390,000 yuan with Battery‑as‑a‑Service, which lets buyers lease the battery to lower upfront cost.
- The ES9 is billed as China’s largest battery EV SUV with a 5,365 mm length, 3,250 mm wheelbase, 520 kW dual‑motor powertrain and up to 620 km CLTC range, and it includes 900V architecture, NX9031 chips, LiDAR and active suspension.
- Reports say pre-orders topped 50,000 and NIO staged a pre-launch inventory of about 6,000 units to enable same‑day handovers, while Deutsche Bank expects roughly 5,000 average monthly ES9 sales once production ramps.
- Investors reacted positively with U.S. and Hong Kong shares rising about 8–9%, and NIO reiterated plans to expand its nationwide charging and swap network from 8,903 stations and to deploy fifth‑generation swap stations in Q3 2026.