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NIO Stock Surges as China’s Largest Electric SUV Hits the Market

By Trader Edge at 2026-06-18 08:44

Sentiment: Positive

TLDR NIO stock jumped 8.27% to $5.70 on Wednesday after the company launched its flagship ES9 SUV. The ES9 was priced at 498,000 yuan (around $69,000), cutting 30,000 yuan off the pre-sale price announced in April. Pre-orders topped 50,000, with estimated firm orders potentially exceeding 25,000. Deutsche Bank raised its 2026 NIO delivery forecast by [...] The post NIO Stock Surges as China’s Largest Electric SUV Hits the Market appeared first on CoinCentral. Continue reading...

Categories: Stocks

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