
NIO ES8 sales show no signs of slowing down!
This week, the 140,000th unit will be delivered. Another 10,000 cars sold this month. Incredible.

This week, the 140,000th unit will be delivered. Another 10,000 cars sold this month. Incredible.
According to Tianyancha business registration information, Wuhan NIO Power Co., Ltd. has recently undergone a business registration change, with its registered capital increasing from 1.784 billion yuan to 7.484 billion yuan, an increase of approximately 320%.
The company was established in May 2017, with Guo Chenggang as its legal representative. Its business scope includes R&D of energy recovery systems, sales of new energy vehicle battery swap facilities, and R&D of motors and their control systems, among others. It is wholly owned by NIO Power Investment (Hubei) Co., Ltd.
Last year, you wouldn’t have believed it. Heck, you wouldn’t even have dared to.
But this year? No question about it.
NIO leads all EV startups in revenue for the first half of 2026, with all three of its brands posting solid growth in both volume and average selling price. It turned a profit in Q1, and Q2 is all but guaranteed to be in the black too — making it one of the very few new automakers to show a positive bottom line for the half-year.
AITO, which ranks second in revenue, posted a small loss in Q2. Li Auto comes in third, XPeng fourth. And Leapmotor — the volume leader — sits at sixth in revenue, still unprofitable in Q1, practically giving away cars.
NIO’s goal for the full year is to achieve net profitability and cross the ¥100 billion revenue mark. Everything is trending in the right direction.
On August 12, 2026, NIO Power and Optics Valley Transit Group held a joint ceremony in Wuhan to mark the delivery of their first batch of co-built battery-swapping and charging stations, coinciding with the third anniversary of the Skyrail swap station. The partners officially handed over 36 new stations across Hubei Province, now fully operational under their collaborative model.
These stations represent a flagship industry partnership between NIO Power and Optics Valley Transit, and a key regional pilot of NIO’s “state-owned partner holds assets, NIO operates professionally” framework. Going forward, both companies plan to leverage their respective strengths to expand cooperation across Hubei and nationwide, rolling out additional station batches to drive synergies, accelerate the deployment of high-quality charging and swapping networks, and ensure sustainable, long-term operations across China.
Chevrolet sales in China:
2018: 641,320 🚙
2019: 512,455
2020: 309,155
2021: 269,261
2022: 231,111
2023: 168,588
2024: 52,774
2025: 5,314.
For some reason, every time you see a Firefly, it just puts a smile on your face. I love this car. They absolutely nailed it.
NIO #1!