Organovo

$NIO Inc(NIO.US)Nio's third-generation ES8 led China's large SUV market in May 2026 with retail sales of 11,472 units, marking six consecutive months of top sales. The ES8 is the only large SUV priced above 400,000 yuan with sales exceeding 10,000 units, while four Nio models, including the ES9 and Onvo L80, also ranked in the top 10 for May.

Nio's total vehicle deliveries reached a record 37,705 in May, and analysts predict the company will maintain non-GAAP profitability in Q2, driven by strong demand for high-margin SUVs. However, it is worth noting that competition is fierce in China, and rivals like Xiaomi are constantly innovating and competing for market share too. @Bridge Buzz SG

$NIO Inc(NIO.US)

NIO products consist of NIO, ONVO and Firefly. The 3 different brands target customers with different profiles.

Such strategy is awesome! Based on the recent earnings, the numbers prove that NIO is heading towards profitability. This is just the beginning. There will be more good news coming your way.

NIO has many different business units, which include chip development. The new chip developed by NIO is more affordable than a NVIDIA chip. Moving forward, the capital expenditures may probably decrease and margin should increase.

Let's see NIO on the moon.