This is the new NIO ET7 review and reveal event.
NIO unveils its first electric sedan, the Nio ET7. The ET7 is here to fight directly with Tesla Model S and Lucid Air.
02:45 Exterior Design
11:47 Autonomous Driving
In China, prices for the Nio ET7 start from 378,000 yuan (equal to $58,380 at today’s exchange rates), but that’s without the batteries, which is one of the most expensive components of the car.
You’ll have to lease the batteries from the automaker. Alternatively, you can buy the ET7 with batteries for 448,000 yuan (about $69,200).
The driving range for the standard 70-kWh battery pack is over 328 miles (500 km), 435 miles (700 km) for the 100-kWh battery pack, and with the newly-introduced 150-kWh battery pack, that increases to upwards of 621 miles (1,000 km).
The vehicle is rated at 644 hp ( 653 PS / 480 kW) and 627 lb-ft (850Nm) of torque, and it accelerates from 0-60 mph (0-100 km/h) in 3.9 seconds.
The sedan includes such standout features as a “heartbeat taillight”, a laminated glass roof, heated, ventilated, and massaging seats in both rows, a 23-speaker sound system, and a low drag coefficient of just 0.23.
ET7 sedan can work with the company’s new autonomous driving system (available as a subscription for around $105 per month) that features a camera resolution of 8 megapixels—compared to Tesla’s 1.2 megapixels—and Nvidia processing chips that allegedly offer 7 times greater processing power greater than that of Tesla’s full self-driving computers.
The ET7 will also be fitted with lidar sensors to allow the car to better perceive its surroundings. This same technology was previously dismissed by Tesla CEO Elon Musk.
The lidar sensor features a 1550 nanometer laser, a 120-degree field of view, and a range of up to 500 meters. The system can dynamically focus on objects of interest, allowing for the accurate detection of objects with millimetric precision. Finally, as part of the car’s 33 total sensing units, it also contains a 5mm wave radar, 12 ultrasonic sensors, and 2 high-precision positioning units.