London Daily

Focus on the big picture.
Friday, Sep 05, 2025

The “Chinese (much better) Tesla”, Nio Stock, Jumps Again As Nio Eyes 'Product Supercycle'

Nio launched the ES7 electric SUV in China Wednesday after Covid-19 delays, the third new electric vehicle it plans to bring to market this year. Nio stock jumped for a second straight day, bouncing further off a key level.

The new EVs could herald a "product supercycle" for the EV startup, a Wall Street firm said.

"We remain confident Nio is embarking on the most important product cycle in the company's history," Deutsche Bank analyst Edison Yu wrote in a June 14 note.

Nio's EV sales have suffered vs. peers due to a stale product lineup and operational bottlenecks. As headwinds ease, Yu believes "deliveries are on track to increase from 7,000 per month in May to 25,000 exiting the year, which will shift the narrative away from supply constraints to robust product supercycle."

This quarter, China's stringent lockdown measures against Covid-19 led to factory and production shutdowns, which are slowly easing. Meanwhile, local governments, including top Nio market Shanghai, have announced new EV subsidies. The national government reportedly is mulling an extension of EV subsidies past year-end.

Nio originally planned to launch the ES7 in May.


Nio EV Delivery Forecast

Founded in November 2014, Nio targets the premium EV market and is poised to double its product lineup. Besides the ES7 SUV, the ET5 and ET7 electric sedans are new in 2022. They join three existing electric SUVs — the ES8, ES6 and EC6.

Notably, the ES7, ET5 and ET7 use Nio's second-generation technology platform, which offers lidar-based highly autonomous driving.

Yu forecasts that Nio will deliver 160,000 EVs in 2022, on the back of new EVs. He expects EV deliveries to double in 2023, as chip and other supply shortfalls ease.

Preorders for the ES7 began Wednesday, with deliveries set to start in August. Nio's ES7 has been compared to Tesla's Model Y, though Yu named the BMW X5 SUV as a competitor.

Nio started ET7 deliveries in March and will begin ET5 deliveries in September. The ET7 competes with the Tesla Model S while the ET5 will be a Model 3 rival.

Deutsche Bank's Yu maintained a buy rating and 45 price target on Nio stock. But he warned on margins given elevated costs for battery raw materials.


Nio Stock Extends Rally

Shares of Nio popped 7.8% to 20.11 on the stock market today. Nio stock extended Tuesday's nearly 17% rally, which saw it regain a falling 50-day moving average ahead of the ES7 launch. Tesla gained 5.5% Wednesday. BMY climbed 3.6%.

All are far from buy points.


Nio Rivals Also Plan New EVs

Nio's Chinese rivals, including BYD, Li Auto and Xpeng, are also bringing key new EVs to market in the coming weeks. Li is expected to unveil the L9, a new SUV hybrid and its second model, next week.

Earlier in June, General Motors launched the Cadillac Lyriq all-electric SUV in China.

Nio and its startup peers aspire to shake Tesla's dominance in the Chinese market for premium electric cars. They are also challenging homegrown EV and battery giant BYD in the world's largest car market.

Newsletter

Related Articles

0:00
0:00
Close
Brand-New $1 Million Yacht Sinks Just Fifteen Minutes After Maiden Launch in Turkey
Here’s What the FBI Seized in John Bolton Raid — and the Legal Risks He Faces
Florida’s Vaccine Revolution: DeSantis Declares War on Mandates
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
"The Situation Has Never Been This Bad": The Fall of PepsiCo
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
The Fashion Designer Who Became an Italian Symbol: Giorgio Armani Has Died at 91
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Queen Camilla’s Teenage Courage: Fended Off Attempted Assault on London Train, New Biography Reveals
Scottish Brothers Set Record in Historic Pacific Row
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
Court of Appeal Allows Asylum Seekers to Remain at Essex Hotel Amid Local Tax Boycott Threats
Germany in Turmoil: Ukrainian Teenage Girl Pushed to Death by Illegal Iraqi Migrant
United Krack down on human rights: Graham Linehan Arrested at Heathrow Over Three X Posts, Hospitalised, Released on Bail with Posting Ban
Asian and Middle Eastern Investors Avoid US Markets
Ray Dalio Warns of US Shift to Autocracy
Eurozone Inflation Rises to 2.1% in August
Russia and China Sign New Gas Pipeline Deal
China's Robotics Industry Fuels Export Surge
Suntory Chairman Resigns After Police Probe
Gold Price Hits New All-Time Record
Von der Leyen's Plane Hit by Suspected Russian GPS Interference in an Incident Believed to Be Caused by Russia or by Pro-Peace or by Anti-Corruption European Activists
UK Fintechs Explore Buying US Banks
Greece Suspends 5% of Schools as Birth Rate Drops
Apollo to Launch $5 Billion Sports Investment Vehicle
Bolsonaro Trial Nears Close Amid US-Brazil Tension
European Banks Push for Lower Cross-Border Barriers
Poland's Offshore Wind Sector Attracts Investors
Nvidia Reveals: Two Mystery Customers Account for About 40% of Revenue
Woody Allen: "I Would Be Happy to Direct Trump Again in a Film"
Pickles are the latest craze among Generation Z in the United States.
Deadline Day Delivers Record £125m Isak Move and Donnarumma to City
Nestlé Removes CEO Laurent Freixe Following Undisclosed Relationship with Subordinate
Giuliani Seriously Injured in Accident – Trump to Award Him the Presidential Medal of Freedom
EU is getting aggressive: Four AfD Candidates Die Unexpectedly Ahead of North Rhine-Westphalia Local Elections
Lula and Putin Hold Strategic BRICS Discussions Ahead of Trump–Putin Summit
WhatsApp is rolling out a feature that looks a lot like Telegram.
Investigations Reveal Rise in ‘Sex-for-Rent’ Listings Across Canada Exploiting Vulnerable Tenants
Chinese and Indian Leaders Pursue Amity Amid Global Shifts
European Union Plans for Ukraine Deployment
ECB Warns Against Inflation Complacency
Concerns Over North Cyprus Casino Development
Shipping Companies Look Beyond Chinese Finance
×