Nio Inc. (NYSE: NIO) SHARES ADVANCED IN PREMARKET TRADING TUELA FOLLOWING THE CHINEE ELECTRIC VEHICLE MAKER’S ANNOVEMEMENT OF SIGNANT PROCE REDUCTIONS ACROSS ITS Long-RANGE LINEUP Tesla’s Launch of a New Six-Seat Model YL SUV.
The Strategic Move Cuts The Price of Nio’s Option 100-KWH Long-RANGE BATTERY PK BY 20,000 Chinese Yuan ($ 2,780)Reducting Costs for Every Long-Russ Vehicle The Company Currently Sells.
The Price Adjustment, Effective immedialyDrops The Battery Pack Cost from from 128,000 Chinese Yuan to 108,000 Chinese YuanRepresenting to substantial 15.6% reduction. This impacts nio’s entire premium lineup, with the ET9 Executive Sedan Now Starting at 768,000 Chinese Yuan (Down 2.54%) and The Entry-Level ET5 SEDAN AND ET5 TOURING EXPERIENCING THE Steepest Cuts at 5.62%.
Global Expansion Accelerates Amid Competitive Pressure
Beyond Pricing Adjustments, Nio is acceleling its international expansion with plans to enter Singapore, Uzbekistan, and Costa Rica Between 2025 and 2026 Through Strategic Local Partnerships.
The Company Will Partner With Wearnes Automotive in Singapore and Horizont Ciel Azul in Costa RicaMarking STI First venture into the Americas. This multi-mare approach supports nio’s Multi-Band Strategy Encompassing Nio, Onvo, and Firefly Brands to target Broader customer segment.
The Price Cuts comes nio Faces Intense competition in China’s Ev Market and Pressure to Achieve Profitability After Reporting to $ 930 million net loss in Q1 2025UP 30% Year-Over-Iar. However, The Company Showed Operational Improvements With vehicle margins increase to 10.2% From 9.2% The Previous Year, and Revenue Growth of 22% EVITE INDUSTRY-WIDE PRICE COMPETION.
Customers with Undelivered 100-KWh Orders Will Automatically Benefit From the new pricing, While Existing Owners Who Took Delivery Between January 1 and August 18, 2025 Will Receive “Refresh Gift Vouchers” Valueted At 20,000 Yuan Applicable Toward Future Nio Vehicle Purchases.
The Strategic Pricing Move Positions Nio To Compec MOR AGGSIVIVE AGAINST TESLA AND DOMESTIC RIVALS Like Xpeng, Which Recently Reported 241.6% YEAR-OVER-YEAR Delivery Growth in Q2.
