The Chinese electric carmaker Nio has unveiled what is its first electric sedan, named ET7. It represents the fourth flagship electric car unveiled by Nio and is expected to enter into production by 2022. 

The Nio ET7 is based on the Nio ET Preview concept unveiled in 2019. 

By look, the Nio ET7 is a sleek, premium-looking sedan. It has features including;

• A dual-motor all-wheel-drive powertrain
• Acceleration from 0 to 100 km/h (62 mph) in 3.9 seconds
• Hardware for autonomous driving – 11 8MP cameras, lidar sensors
• System output of 480 kW and 850 Nm of torque

The ET7 will be available in two main options; a 70 kWh battery pack with over 500 km (311 miles) of NEDC range and a 100 kWh battery pack with over 700 km (435 miles) of NEDC range. 

A bigger 150 kWh battery option with over 1,000 km (620 miles) of range is planned for later in the future, this option to be made possible with the use of solid-state cells in batteries, Nio claims.

Nio has unveiled its fourth vehicle planned for production at a time when the company is benefitting from significant positive sentiment by investors that’s sent its stock soaring high. The company’s shares rose over 11-fold in 2020, giving it a current market cap of over $90 billion.

Now, with the unveiling of a new vehicle and particularly its first electric sedan, the positive sentiment towards Nio could rise further and increase the company’s fortunes.

Photo credit(s): Nio

Related to Nio:

• Nio Seeks $3.1B From Share Sale
• NIO Begins Battery Leasing Service

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