Nio

Nio is set to see the delivery of its 80,000th third-generation ES8 SUV this week as orders recover following the Chinese New Year.

Onvo will add a LiDAR-equipped version for its L60 SUV, following a similar plan for the L90, according to a filing.

Nio rolled out a 10,000 yuan ($1,450) Nebula Red color option for its flagship ES8 SUV to attract more buyers.

William Li has ruled out an immediate entry into the currently trending robotics industry, focusing instead on selling more cars.

Rising prices of memory chips and raw materials could lead to a cost increase of nearly 10,000 yuan ($1,460) for premium EV models, William Li said.

After the Chinese New Year holiday ended in late February, new orders for the ES8 have recovered well, Nio president said.

Nio shares surged 14.80% in Hong Kong after the company posted its first-ever quarterly profit since inception.

Shenji's second chip, targeting a broader customer base, has successfully completed tape-out and is currently in mass production.

William Li receives 248 million restricted share units tied to specific performance targets and continued service.

Nio achieved profit from operations of 807.3 million yuan ($115.4 million) in the fourth quarter, marking its first quarterly profit since inception.