CnEVPost Newsletter: Nio begins pre-sales of new ES8; Xpeng CEO increases shareholding


CnEVPost Newsletter: Daily Recap

Aug 21, 2025

Nio debuts 3rd-gen ES8 large SUV with aggressive pricing for pre-sales

The starting price for the third-generation ES8 is 25 percent lower than its predecessor with a 100-kWh battery, and lower than Tesla's Model Y L under the BaaS plan.

New ES8 show cars now available at over 300 Nio stores

A Nio executive hinted that the starting price for the third-generation ES8 under the BaaS plan will be less than RMB 400,000 ($55,730).

Nio shares more images of all-new ES8 as debut hours away

Nio will hold the debut event for the third-generation ES8 at 7:30 pm Beijing time on Thursday, with the model set to officially hit the market next month.

Xpeng CEO further increases stake in EV maker

Xpeng chairman and CEO He Xiaopeng purchased 3.1 million Class A ordinary shares of the company on August 20-21 at an average price of HK$80.49 per share.

Leapmotor hits 900,000 car delivery milestone

So far this month, Leapmotor has delivered at least 28,659 cars.

2025 Chengdu auto show booth map released as event to start on Aug 29

Nio and Firefly will share a booth, while Onvo will have its own booth.

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China EV news, data, insights and more.

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