Purchase an Option on a Celebrity channel now for $X and transfer it to the Celebrity later for $X+.
Declaration of a Peaceful Revolution
NIO, the Chinese Electric-Vehicle Startup, Unveils New ET7 Sedan
SHANGHAI—Chinese electric-vehicle startup NIO Inc. unveiled its fourth production model Saturday, as it prepares to face the challenge of Tesla Inc.’s locally built Model Y crossover, which launches in China in the coming weeks.
At the company’s annual “NIO Day” in the western city of Chengdu, Chief Executive William Li said the luxury ET7 sedan, costing between $69,185 and $81,230 depending on the configuration, would be a “cozy living room” with new autonomous-driving capabilities and features including seats with inbuilt massage functions. The car will be available in early 2022.
“In 2021, we will strive to live up to the expectation and keep moving forward,” Mr. Li said at the launch.
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.
By comparison, Tesla’s Model 3 has a claimed range of 263 miles for the standard version, and 353 miles for the long-range version.
DISCLAIMER: Please note the display of any name, image, or likeness of any individual, organization, or item on this site must not be construed as an endorsement of this site by the owner of that which is depicted. Nor should the presence of the same be inferred by anyone as an indication the depicted is currently posting content or otherwise participating at this site in any way whatsoever. Additionally, we certainly will remove or replace any name, image, likeness, or item if requested to do so by the owner of the entity or item depicted. Please leave messages or requests in the Contact form above. Thank you!