Nio, formerly known as NextEV, is among the first of a raft of Chinese electric vehicle startups to launch a production vehicle, with many so far only showing concept cars.
The family resemblance is clear across the 11 vehicles Nio has on its stand in Shanghai - the Eve, the ES8 SUV, two Formula E race cars and seven EP9s [below].
As well as unveiling its new SUV, NIO also used the Shanghai show to announce that it would make another batch of ten EP9 hypercars that would be priced from US$1.48 million (A$1.97 million).
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Because electric cars-especially their batteries-weigh a considerable amount, NIO says it made it a goal to produce a "normally" weighted SUV. The length from bumper to bumper is 196 inches, and the entire body and chassis are made from aluminum to keep the weight low. The model apparently features all-wheel-drive as the standard and possesses active air suspension. The SUV, branded the ES8, is a long ways away from the manufacturer's flagship autonomous supercar, the EP9. "The vehicle has been tested in Yakeshi in Inner Mongolia, where temperatures can reach -22° Fahrenheit as well as Melbourne and Madura, Australia where temperatures can reach over 104° Fahrenheit".
"[The NIO ES8] is another statement of our vision and technical and manufacturing capabilities", said NIO Founder and Chairman, William Li. Electric vehicles are definitely a big deal in China and the NIO ES8 is a good addition. This clearly made the world's rich auto lovers very sad, because it looks like Nio has had at least ten more one-per-centers on the phone, hinting that should it build more, they'd gladly buy one.
NIO has already proved the 1000kW EP9 hypercar is the fastest pure-electric auto in the world when it set a new electric vehicle lap record of 7:05.120 at Germany's Nurburgring back in November 2016.