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Nio ES6 electric SUV (New!)

Nio presented its new model, the ES6, today and announced pre-subsidy prices. A smaller sibling of the ES8, the 5-seat ES6 will be available from June 2019.

The car has dimensions of 4850 x 1965 x 1758/1734 mm, with a wheelbase of 2900 mm; F/R track 1668/1672 mm. The car uses a high-strength aluminum body structure and carbon fiber-reinforced polymer structural parts.

Traction is provided by dual motors for an all-wheel drive setup. Combined motor output is 320 kW (160+160) or 400 kW (160+240). Corresponding torque figures are 610 Nm or 725 Nm. Options for battery packs are 70 kWh or 84 kWh. Official (NEDC) range is from 410 km to 510 km for differently specced variants. 0-100 km/h acceleration time is 4.7s for the 400 kW car. Max. speed is 200 km/h.

Like the ES8, the ES6 will be equipped with the Nio PILOT Advanced Autonomous Driving Assistance System (featuring Mobileye EyeQ4 System-on-Chip) and NOMI, an in-car interactive AI virtual assistant/companion.

While all this is good, the ES6 has not been type approved for sale yet but that should not be a problem as it will go into production at the JAC-NIO plant in Baohe District, Hefei.





 

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Nio ES6 (HFC6483ECEV-W)

Nio ES6 (400 kW) receives type approval from NDRC.

Not posting pictures as galleries are listed in this thread already.

Source: MIIT
 

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https://www.scmp.com/tech/big-tech/article/3029968/after-us5-billion-losses-chinas-tesla-challenger-nio-fights-survive
https://www.scmp.com/business/companies/article/3029936/after-raking-us5-billion-losses-four-years-chinas-tesla-wannabe

Excerpts:

...

Cost overruns, weak sales, and major recalls have led NIO to plunge 74 per cent since its market value hit a record US$11.9 billion about a year ago. More broadly, the company’s reversal of fortune illustrates why concerns are mounting that China created an electric-vehicle bubble that may be about to burst.

“This year and the next, there’s going to be a lot of card-shuffling for these EV startups,” said Siyi Mi, an analyst at Bloomberg NEF. “Before, venture capital chased after them, but it’s not the case any more.”
...

China has gradually scaled back subsidies for new-energy vehicles — all-electric, fuel-celled autos and plug-in hybrids — since 2017 to help the industry stand on its own two feet and avoid a bubble. That’s undermined growth, prompting the likes of top Chinese electric carmaker BYD to warn recently that earnings will wane.

At NIO, pressure is building for it to raise more funds. The carmaker is seeking to reduce its workforce by 14 per cent to 7,500 by the end of the month, according to the company. Incidents involving batteries catching fire or spewing smoke forced NIO to recall about 4,800 vehicles - more than 20 per cent of all the cars it’s ever sold. Second-quarter deliveries dropped from the preceding three-month period.

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But money is in short supply for the carmaker, which is now counting on receiving as much as 10 billion yuan in funding from an investment firm backed by the Beijing city government.
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“NIO didn’t position itself in the right place,” said Yale Zhang, founder and CEO of AutoForesight. “I’m not optimistic about its future in the long run.”
 

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Nio EC6

Just one day after showing the destined-for-production prototype of Hycan 007, Nio unveiled another new car, the EC6, which is a "coupe" (!) version of the ES6. It will be powered by 320 kW (160+160) or 400 kW (160+240) motors in a dual setup (so, four-wheel drive). 70 kWh or 100 kWh battery packs will enable it to travel 425-615 km per NEDC standards.





https://www.autohome.com.cn/news/201912/959102.html

Some images from www.nio.cn

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Additionally, Nio announced new versions of the ES8, now equipped with a 400 kW powertrain (160+240), down from 480 kW earlier. Range has increased from 355 to 415 km, and 425 to 485 km for 70 kWh and 84 kWh-equipped variants respectively. A 100 kWh version, capable of 580 km, will be introduced in the 4th quarter of 2020.
 

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The Chinese automaker surpassed General Motors!

With a market value of about $ 411 billion, Tesla is the world's most valuable automaker. The current value of General Motors, another American giant, is $ 51.6 billion. Of course, according to analysts, Tesla's value is bubbling and is likely to decline in the future, and other automakers will add value by producing more competitive products. One of these companies is Nio China, whose market value has now reached $ 53.4 billion.


In fact, the value of Nio China shares rose 28 percent last week due to increased demand for electric vehicles in China and the election of Joe Biden as President of the United States. The Nio ES8 long-wheelbase currently on the market in China is a direct competitor to the Tesla Model X, with 643 horsepower and a range of 500 km. The car will likely be available in other markets, including North America. The market value of Nio was very low until a few years ago, and the company was actually struggling financially. Apparently, these problems have been solved because the company was able to raise about $ 435 million. Nio also has a research and development center in Silicon Valley, USA, and its design studio is located in Munich, Germany. The company is headquartered in Shanghai, China.
 
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