Chinese EV automobile company Nio Automobile is working vigorously to launch its first electric sedan by the end of 2020, in time for the Nio Day 2020, it has emerged. The Nio day usually witnesses a flurry of activity including new technology and product showcases. At the 2019 Nio day held at a sports stadium in Shenzhen, the company revealed the 100kWh liquid-cooled thermostatic battery pack, the improved Nio ES8 as well as the world premiere of the Nio EC6 which was attended by 7,300 guests and watched online by millions.
Qin Lihong, co-founder of Nio Automobile has revealed plans for the sedan during a live broadcast recently, where he said Nio is working overtime to launch the next generation sedan on Nio Day this year. The Nio Day is held every year in the month of December. There have been no other details revealed but we can expect the sedan to be based on the eT concept previewed at the Auto Shanghai last year and some believe it will compete with the Tesla Model S.
The Nio eT concept had an attractive design and has a fastback silhouette. Along with the electric concept vehicle, Nio showcased a high-performance electric mobility platform that is fitted with a nickel-cobalt-manganese battery pack and high-efficiency permanent magnet motors and high-performance induction motors in the front and rear respectively. The platform was claimed to return a range of up to 510 km in the NEDC cycle. Since then several advances have been made and the new sedan is expected to be powered by the 100 kWh battery, Nio’s latest battery pack that is serving the 2020 Nio ES8 electric SUV. On the sedan, it could offer a range exceeding 600 km (NEDC).
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Nio expands lineup, plans to enter Europe in 2-3 years
Nio started the production of the ES8 this month with updated features and improvements, over 180 of them as the company states. The ES8 is an all-wheel-drive with two motors on each axle – a 160 kW permanent magnet motor and a 240 kW induction motor and returns a range of up to 580 km (NEDC). Before the launch of the sedan, Nio will introduce the EC6, a 5-seater premium electric coupe SUV that was showcased in December 2019 with deliveries set to commence in 2020 having 615 km range (NEDC). The company has also said that it is in the planning process of entering the European market and it is expected that an entry would happen within 2 years.