NIO, the start of the Chinese electric vehicle, will feature the new Sedan ET7

SHANGHAI – Starting Chinese Electric Vehicle NIO Inc. unveiled their fourth production model on Saturday, as they prepare to face the challenge of a locally built Model Y crossover, which will launch in China in the coming weeks.

At the company’s annual “NIO Day” in western Chengdu, CEO William Li said the luxury ET7 sedan, which would cost between $ 69,185 and $ 81,230 according to the arrangement, would be a “comfortable living room ”With new autonomous driving capabilities and features including sets with built-in massage functions. The car will be available in early 2022.

“In 2021, we will try to keep up with expectations and continue to move forward,” Mr Li said at the launch.

Mr Li also touched on a number of new technologies, including a more powerful 150 kilowatt-hour battery pack – an upgrade to the company’s 100 kWh battery pack launched in November – which will provide a wider range of application more than 621 miles for NIO vehicles.

In comparison, Tesla has an application range of 263 miles for the standard version, and 353 miles for the long-range version.

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