A Chinese platform provides detailed photos and information about Nio’s electric-powered SUV ES8 that is about to hit the stores in China. Market launch was scheduled for December, 12th, but obviously has been postponed for a few days.
Pricing for Nio’s first serial model will start at 310,000 yuan after incentives (around 40,000 euros). The 240kW seven-seater shall reach up to 355km (NEDC). Its production is managed by the JV that Nio operates with Chinese manufacturer JAC.
Just recently, the company raised additional 1bn dollars in its latest financial round, lifting the estimated firm’s value to 5bn dollars. The new money has been invested by existing investor Tencent and others.
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