Nio Day 2023

ClearMotion said its active suspension technology, ClearMotion1, will be used to equip the next generation of Nio EVs over the new product development vehicle program life.

The chip, called the Shenji NX9031, is built on a 5 nm process and has over 50 billion transistors.

Nio aims to add 1,000 battery swap stations and 20,000 charging piles in 2024 in China.

The Nio ET9 is now available for pre-order in China, with a pre-sale price of RMB 800,000, or roughly $112,150.

A video posted by Nio on Weibo shows some details of the ET9's wheels, showing that the Nio logo will remain stationary as the wheels turn.

The start time of Nio Day 2023 will be 6:00 am US Eastern Time and 12:00 pm Central European Time.

Nio's current use of four Nvidia Drive Orin chips is fine for autonomous driving algorithms, but the next generation smart driving chip should do better, an executive said.

Nio will launch the ET9 at Nio Day 2023 on December 23, trying to enter a market dominated by models including Mercedes-Benz Maybach.

The model would be a low-volume car, but may serve as a halo vehicle to generate excitement around the brand, Deutsche Bank said.

Nio will unveil a new flagship model at Nio Day 2023 that will feature many world's leading technologies, William Li said earlier today.