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NIO Inc. (NYSE: NIO)’s annual Nio Day occasion, the place the electrical car producer makes key product and repair bulletins, is about for December.
What Occurred: The corporate confirmed on the Nio app in addition to its Weibo account that Nio Day 2021 will held on the Olympic Sports activities Heart in Suzhou, China on Dec. 18.
Suzhou was introduced because the host metropolis by Nio in late July following a multi-step choice course of.
Suzhou is a metropolis positioned west of Shanghai, and is near Zhejiang and Jiangsu provinces, which reportedly have a lot of Nio customers.
This may mark the corporate’s fifth Nio Day. The earlier one was held in Chengdu on Jan 9. On the occasion, Nio introduced its first-ever sedan, named ET7, the Energy Swap Station 2.0 and a 150kWh stable state battery pack, amongst different information.
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What to Count on From Nio Day 2021: Nio is anticipated to present an replace on whether or not the ET7 sedan is on monitor to start deliveries by early 2022.
One other sedan, going by the title ET5, might make its look on the Nio Day 2021, Autohome.com reported in early September.
Nio has been sounding out its intention to launch a mass-market car beneath a distinct model title. Founder and CEO William Li confirmed on the corporate’s second-quarter earnings name that Nio has assembled a core crew for the aim.
Nio additionally stated it plans to ship three new fashions, together with the ET7, by 2022. These fashions will use Nio Expertise 2.0.
The corporate’s long-rumored sportscar, named EF9, could possibly be unveiled on the occasion, in keeping with ElectricVehicleWeb. The information supply premised its deduction on the registration of the trademark for EF9 by the corporate. Rumors additionally counsel the EF9 could possibly be the convertible model of the Nio EP9, which was as soon as the world’s quickest automobile when it was unveiled in November 2016.
The corporate can be prone to make clear the progress with its Norwegian market foray and in addition elaborate on further abroad enlargement.
Nio shares had been buying and selling 4.03% larger at $39.23 Monday morning.
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