Nio Inc. has announced the delivery of its 20,000th unit of the third-generation ES8 SUV just two months after launching the model on September 21, marking a significant milestone in China’s electric vehicle market.
Key Takeaways
- Nio delivered its 20,000th unit of the third-generation ES8 SUV within 70 days of launch.
- The company aims to deliver about 20,000 more units in December to meet a target of 40,000 deliveries for the year.
- Nio expects its fourth-quarter vehicle margin to rise to approximately 18 percent due to increased ES8 deliveries.
The third-generation ES8 is one of Nio’s most expensive models, with a starting price of RMB 406,800 ($57,500) including the battery pack. Despite its high cost, the vehicle has been in high demand since its launch, with all production capacity for December reportedly sold out.
During an earnings call on November 25, Nio management stated that the company aims to deliver approximately 40,000 units of the ES8 by year-end. To achieve this goal, Nio will need to ship around 20,000 more third-generation ES8 SUVs in December.
Nio’s vice president of product marketing Kang Kai told Auto Home at the 2025 Guangzhou auto show that the company targets a production capacity of 20,000 units for the ES8 in December. This significant ramp-up is expected to drive an increase in vehicle margins to about 18 percent in the fourth quarter.
Frequently Asked Questions
How many third-generation ES8s has Nio delivered so far?
Nio has delivered its 20,000th unit of the third-generation ES8 SUV as of November 29, 2025.
What is Nio’s production capacity target for December?
Nio aims to achieve a production capacity of 20,000 units for the third-generation ES8 in December.
The strong performance of the ES8 has helped Nio set new records, with October deliveries reaching 40,397 vehicles. The company’s ability to meet its ambitious targets reflects growing consumer interest and confidence in electric SUVs priced above RMB 400,000.
