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Chinese manufacturer Nio introduced a luxury electric sedan

  • December 23, 2023
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Chinese electric car manufacturer Nio Inc. On Saturday, December 23, it introduced its flagship sedan ET9. This was reported by Bloomberg, as reported by Ukrinform. Deliveries of the

Chinese electric car manufacturer Nio Inc. On Saturday, December 23, it introduced its flagship sedan ET9.

This was reported by Bloomberg, as reported by Ukrinform.

Deliveries of the four-seat sedan, called ET9, are expected to begin in the first quarter of 2025, with an estimated starting price of around 800,000 yuan ($112,000).

At the same time, the car is more expensive than Tesla’s Model S, which starts at 698,900 yuan in China. Instead, the company believes the sedan will compete with Porsche AG’s Panamera series and Mercedes-Benz Group AG’s luxury S series.

It is stated that ET9 will be equipped with a five-nanometer automotive chip and large cylindrical battery cells from Nio.

The vehicle will also be compatible with the 900 Volt super fast charging platform, which can increase the range by 255 kilometers in 5 minutes.

“Integrated with more than 100 full-fledged NIO technologies, NIO ET9 reaches a new level of innovation and technological development,” said William Lee, the company’s founder and CEO.

According to Ukrinform’s news, BYD company, China’s largest and one of the world leaders in electric car production, will establish its first European factory for electric car production in Hungary.

Photo: “NIO”

Source: Ukrinform

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