Nio’s Flagship EV Sells Out Through 2026, Sparking Analyst Optimism

In a remarkable display of market demand, Chinese electric vehicle maker Nio has reported that its newly unveiled ES8 SUV is completely sold out for the next two years, with new orders now scheduled for delivery starting in March 2026. This surge in bookings for the flagship model, which occurred even before its official market launch, has provided a significant boost to investor sentiment.

The unexpected sales performance has captured the attention of financial analysts. Citigroup has added Nio to its “30-day positive catalyst watchlist,” indicating expectations for potential near-term share price appreciation. In a separate move, Mizuho analyst Vijay Rakesh raised his price target for the stock from $6.00 to $7.00, while maintaining a Neutral rating on the shares. This builds on... Read more...