Nio Expected To Begin Taking Bookings For ET7 In January

Benzinga2021-11-22

Nio Inc plans to begin taking bookings for its electric sedan ET7 from mid-January onwards, cnEVportreported, citing the team working on the model.

What Happened:The deliveries for the electric sedan are expected to begin by the end of the first quarter.

The Shanghai-headquartered Nio plans to gradually ramp up deliveries from a few hundred units a month initially, as per the report.

The ET7 is the fourth vehicle to go on sale from Nio’s lineup of electric vehicles.

Why It Matters:Nio launched the flagship sedan ET7 in January at the company’s annual day, complete with its second-generation electric drive system, and it is expected to compete with Tesla Inc’s Model S sedan.

This system utilizes silicon carbide (SiC),which is considered more efficient, lightweight and compact than silicon. Tesla was the first to use SiC among all peers.

Price Action:Nio shares closed 0.68% higher at $38.66 a share on Friday.

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精彩评论

  • Captangy
    2021-11-22
    Captangy
    Let's go!
  • Hangen
    2021-11-22
    Hangen
    Hope the price don't drop again
  • Dazz
    2021-11-22
    Dazz
    Probably explains the sharp rise today.
  • sia
    2021-11-22
    sia
    Finally some good newssss
  • sugizoi4u
    2021-11-22
    sugizoi4u
    Good news for NIO stockholders 
  • GERALDINE
    2021-11-22
    GERALDINE
    Nice
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