(NYSE: NIO) is holding its media briefing at the 2024 Beijing auto show, and CnEVPost is updating live in this post. The latest content is at the top.

The 2024 ET7 Executive starts at RMB 428,000, or RMB 358,000 in BaaS battery rental mode. The pricing is the same as the 2023 ET7.

The 2024 ET7 Executive boasts more than 180 product upgrades.

The 2024 Nio ET7 comes with an intelligent dimming canopy that insulates 99.9 percent of UV rays and 86.3 percent of heat.

The 2024 Nio ET7 Executive Signature Edition comes with two 14.5-inch OLED displays, the angle of which is able to be adjusted in conjunction with the seat, as well as in response to eye movements.

Nio's survey found that there is a demand for chauffeur services among high-end business sedan users. Nio's chauffeur service, Nio Joyride, has 3,000 people across 628 cities.

Nio has significantly upgraded the ET7's seats to provide better comfort.

The ET7 with a 150-kWh battery pack became the first in the world to exceed 1,000 kilometers of range in real-world testing.

Good driving and comfortable ride are the core user needs in the high-end sedan market, and the ET7 Executive Edition elevates these characteristics to a whole new level through technological innovation, Li said.

Nio ET7 has delivered nearly 30,000 units cumulatively, and is the No. 1 seller of pure electric sedans priced over RMB400,000 in the Chinese market cumulatively, as well as the No. 1 seller of sedans priced over RMB400,000 by a Chinese brand cumulatively.

William Li, Nio's founder, chairman, and CEO, began his presentation by introducing the 2024 ET7 electric sedan.

2024 Beijing auto show: Here's what you can expect from Nio