NIO, a Chinese startup, is making its way into the electric car market with their new 7-seater electric SUV, unveiled at a Beijing-based launch event.
The NIO ES8 costs CNY 448,000 (~Rs 68,50,000) and is almost half the price of a Tesla Model X which has a price of CNY 836,000 (~Rs 1,27,50,000).
Though much cheaper than the Tesla, the ES8 does offer several similar features and specs, such as an AI system to operate basic functions and an efficient charging portal which can allow the battery to be changed in a mere 3 minutes.
The ES8 carries a 70 kWh battery which will last a practical 355 kilometers. The company also claims that the SUV will go 0 to 100 km/h in 4.4 seconds.
Interior
The interior does have a Tesla-sque appeal with advanced features equipped. The AI system – called NOMI – uses the latest EyeQ4 technology by Mobileye. The SUV boasts an all-wheel drive setup with adaptive air-suspension.
Moreover, NIO is offering “rent-a-battery” monthly subscriptions and mobile charging stations inside vans for the ease of their customers.
Power Mobile
The vans, which they call “Power Mobile”, will be able to charge 100 kilometers worth of electricity into a NIO car in just a 10-minute charge. The company budgets to increase the number of Power Mobiles on Chinese roads to 1,200 by the year 2020.
NIO is also incorporating more charging stations and expects to have 1,100 stations across China by 2020.
About NIO
NIO, which started 3-years ago, is now being backed up by a number of tech-companies such as Baidu, Tencent, and US-based firm Sequoia Capital.
The President, Lihong Qin insisted that they do not plan on rivalling Tesla in the electric car market.
Of course, we can compete against Tesla, technologically and product-wise, but there is no winner-take-all rule in this industry. If we can be ourselves and we do what we think is right, we will have our market share. We don’t need to care about the competition too much.
Made in China K Bawajood Bhi 1 Caror Rupee :)
You embicile tesla is American
What is This :?
batteries r expensive baby. and stop nonsense comments everywhere
thank God people are going towards electric cars :)
what about electricity issue in Pakistan A Separate UPS shall be required for it and for 3 phase meters they have to charge the car after 7pm-11pm as the unit rate is on a higher end.
Keep Generator with Cars With Loaded of Fuel :).
hahaha then why not to keep using the same cars we are using? loaded of fuel?
again im gonna say bullshiiit to your nonsense comment.
hybrid is the choice for this generator-wala-top-drama hi karna hai to
A good move. And another thing is that we are a part of CPEC, so hopes are high. If not in our generation, may be our offsprings will see these cars :-P