NIO unveils its first electric sedan, ET7, with maximum range of over 1,000 km and price starting at about $69,000

At NIO Day 2020 in Chengdu on January 9, Chinese electric vehicle (EV) maker NIO (NYSE: NIO) unveiled its first all-electric sedan, the NIO ET7, the first model to be powered by a 150kWh solid-state battery pack with a maximum range of more than 1,000km.