Nio has been on fire lately 🔥. Its shares have skyrocketed 80% since July. August was crazy - up 31%!



The reason? Two new cars at crazy prices:

The Onvo L90 SUV. Starts at $36,940 with battery included. Or less than $25,000 if you rent the battery. A bargain.

And the new ES8. The flagship of Nio. Starting at $50,000. A quarter less than before, but bigger and better. With a rented battery, it goes down to $43,000.

Sales are through the roof. August was amazing: 31,305 cars delivered. Onvo took more than half.

The boss, William Li, sees it as survival. A lot of competition. But he says they still make money. Lower costs, it seems.

They are expected to sell even more this quarter. It could be a historic year for Nio. If they continue like this, maybe their stocks will keep rising. Who knows.
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