Nio
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.
Nio said to launch 150 kWh solid-state battery pack, to be installed in vehicles as early as next year
Compared to traditional lithium batteries, solid-state batteries are considered the ideal battery technology for electric vehicles.
Nio's patent shows technical details of its LiDAR
Nio filed a patent on July 2, 2019, for a LiDAR that may give us an idea of the capabilities of the company's upcoming car with this sensor.
Nio's William Li says no mass production in short term in response to lithium iron phosphate model
Nio is doing discussions about various possibilities, but there will be no mass production in the short term.
Nio reportedly plans to launch entry-level model with LFP batteries
Nio has contracted a production line of lithium iron phosphate batteries from CATL, and the new cells are being tested and prepared.
Alleged patent drawings show Nio's first sedan looks in line with ET Preview concept
Some media reports suggest that the LiDAR used on Nio's sedan will be provided by Huawei. But we are skeptical of this speculation.
Nio founder William Li withdraws as legal representative of Bitauto affiliated company
Bitauto, which is associated with the above company, was founded in 2000 and was delisted from the New York Stock Exchange and is the largest automotive Internet company in China.
Nio's number of stores expected to double to 400 this year
Nio already has more than 200 stores in China by the end of 2020. Its full-year 2020 deliveries reached 43,728 units, up 112.6% year-on-year.
Is this what Nio's first sedan will look like?
Nio announced on January 4 that its first flagship sedan will be launched on Nio Day, which will be held on January 9. Up to now, Nio has done a good job of secrecy, so much so that no accurate leaked images have been released yet.
CICC raises Nio price target to $60, says Model Y price cut will have limited impact
CICC maintained its Outperform rating on Nio and raised its price target by 15% to $60, corresponding to a 23% upside.