Chinese EV firm Nio has revealed its first sedan, the ET7, which is due to go on sale in the country in 2022, with a range of more than 965km and offering autonomous driving features.
- The ET7 is the all-electric company’s new flagship sedan
- Two electric motors combine to produce 653hp and 911Nm of torque
- To come with battery options that offer from 500km to over 1,000km of range
The firm, founded by Chinese tech entrepreneur Williams Li, currently offers a range of electric SUVs and crossovers aimed at the fast-growing Chinese premium market. It also has aspirations to eventually expand globally, including to European markets. While Nio, which floated on the New York Stock Exchange, has struggled for funding, it secured a major investment last year and has experienced a surge in sales in China. The firm sold 36,721 vehicles last year, a 111 percent…