Rate Of Return$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
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