Nio will unveil its third-gen ES8 SUV on August 21 with a 102-kWh battery and 635 km CLTC range. CEO William Li is road-testing it en route to Mount Everest. The company's sales fell 20% YTD but July hit a 2024 high. Meanwhile, Onvo's L90 SUV faces 8-10 week delivery delays amid strong demand.