NIO, the Chinese Electric-Vehicle Startup, Unveils New ET7 Sedan

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Chinese electric-vehicle startup NIO unveiled a fourth production model, the luxury ET7 sedan, as it prepares to face the challenge of Tesla’s locally built Model Y crossover

By Trefor Moss Close Trefor Moss Jan. 9, 2021 8:33 am ET SHANGHAI—Chinese electric-vehicle startup NIO Inc. NIO 8.55% unveiled its fourth production model Saturday, as it prepares to face the challenge of Tesla Inc.’s TSLA 7.84% locally built Model Y crossover, which launches in China in the coming weeks.

Mr. Li also debuted several new technologies, including a more powerful 150 kilowatt-hour battery pack—an improvement on the 100 kWh battery pack the company launched in November—which will give NIO’s vehicles a claimed range of more than 621 miles. NIO has championed battery swapping as a speedy alternative to recharging. Mr. Li said the company would have 500 battery-swap stations in operation by the end of 2021, up from 177 stations now.

Two rival Chinese EV startups that listed in the U.S. last year are also building momentum. Li Auto Inc. LI -2.25% sold 14,464 vehicles in the December quarter, while XPeng Inc. XPEV 1.02% delivered 12,964 vehicles. Li currently has one model on sale and has said a second will become available next year. XPeng has two models in production, and it announced Friday that it, too, is preparing to unveil a new sedan.

 

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Solid State Battery - 1000 KM Aquila sensing including - 32 sensors including Lidar Swap Station 2.0 - Self parking Nio Autonomous Driving full stack Adam super computer Equal to 7 Tesla FSD computers 5G Lifetime warranty Lifetime Connectivity NIOGlobal

It seems like China did not like the late news on Musk taking over Bezos (Another Alibaba approach) Aircraft manufacturing industry would be, however, the icing on the cake for China; it would be a real challenge for all nations to compete with an already strong Chinese economy.

Sako kwa bako, tesla and NIO interlocking

Never heard of such crap. Just bunch of scam. You are paid by CCP to write this to advertise for them.

Im going to laugh when the IP stolen from $tsla is more reliable in the hands of NIO

$NIO 59.00 LONG NIODay2020

एक देश है चीन जहां के राष्ट्रपति ने सोशल मीडिया को ही बैन कर रखा है। एक देश है अमेरिका जहां सोशल मीडिया नें राष्ट्रपति को ही बैन कर दिया है। बस ये अलग बात है कि भारत में लोकतंत्र और अभिव्यक्ति की स्वतंत्रता खतरे में हैं।

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