Nio ES9

Nio management said the proportion of orders for the two higher-priced trims far exceeded the company's expectations.

Nio priced the ES9 starting at 498,000 yuan ($73,400) including the battery pack, down nearly 6% from the pre-sales price announced last month.

Nio hopes to leverage the global influence of the NBA Hall of Famer to build momentum for its flagship SUV launching tonight.

Nio highlighted its technological prowess by putting the ES9 through multiple safety tests witnessed by China's state broadcaster CCTV.

Nio will partner with CCTV to broadcast extreme safety tests of its flagship SUV ES9 on the evening of May 26.

Nio will officially launch its executive flagship SUV ES9 on May 27, with an event starting at 7:30 pm Beijing Time.

The legal action comes as the company reports its second consecutive quarter of profitability and prepares to launch its flagship SUV, the ES9.

Nio will demonstrate the suspension technology of the ES9 through a live video broadcast hours before releasing its first-quarter earnings on May 21.

Nio will officially launch and begin delivering the ES9 on May 27, slightly ahead of its management's previously mentioned plan to start deliveries on June 1.

To break through industry headwinds, Nio plans to concentrate resources in the second quarter to ensure the smooth launch of the Nio ES9 and Onvo L80.