Nio orders hit 2026 high after March promos, Deutsche Bank says — but wait times shrink
Nio’s latest orders climbed to about 3,500 units in early March, the most in any week so far this year, Deutsche Bank analyst Wang Bin’s team wrote Wednesday, citing dealer checks. Notably, Nio is leaning harder into promotions as it tries to boost demand in China’s crowded EV market—a space now marked by regular price wars. What investors want now is evidence that these deals are actually drawing committed buyers, not just driving up foot traffic in showrooms.