$NIO Inc(NIO.US) Nio Inc will deliver its 120,000th third-generation ES8 shortly, marking a significant milestone just weeks after the 110,000th delivery. The third-generation ES8, pivotal in Nio's financial recovery, has reported strong monthly sales, reflecting its importance in the company’s lineup, accounting for 46.30% of total deliveries so far this year. A five-seat variant of the ES8 is set for pre-orders on June 28, aiming to expand customer access and maintain sales momentum. However, the overall chinese market is not at its strongest right now, and as outlined before, close rival in Xiaomi is also gaining market share. It might take some time before Nio can challenge to break resistance. @Bridge Buzz SG

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