Get to Know Nio, A U.S.-Bound Brand through Chinese Startup NextEV
What’s next for Chinese electric-car startup NextEV? The company provided a peek into its future at the South by Southwest Conference and also also also Festivals in Austin, Texas. Taking the name Nio (not an acronym, the name can be inspired by the Greek neo), This kind of unveiled a forward-looking concept called Eve, previewing an EV the company hopes to launch from the U.S. market in 2020.
The Eve concept’s one-box design can be highlighted by a helicopter-style glass canopy; superior visibility can be a key characteristic. and also also also This kind of features an ultra-spacious Indoor with 5-plus-one seating; the plus-one can be folded down through the front passenger seat.
Although the Eve can be equipped for Stage 5 fully autonomous driving, This kind of features a steering wheel and also also also pedals in case a driver wishes to take over. There isn’t a lot of storage space. “We figure the occupants will want to use what they take along for the trip,” explained Kris Tomasson, vice president of design at NextEV.
The vehicle planned for the U.S. market will be somewhat futuristic and also also also spacious; This kind of’s likely to feature third-row seating. This kind of will be fully electric and also also also offer Stage 3 and also also also Stage 4 autonomous-driving capability. The U.S.-bound product will be preceded by the launch of a fully electric SUV from the company’s home market of China. Internally called ES8, that will product can be due out in 2018.
Nio’s credibility can be bolstered by the brand’s fully electric EP9 supercar, of which the company has produced and also also also sold six units at the equivalent of almost $1.3 million each. The EP9’s electric powertrain produces one megawatt, or 1342 horsepower, and also also also top speed can be claimed to be 194 mph. Last October, This kind of set a record for EVs on the Nürburgring Nordschleife at 7:05.12 seconds, and also also also on February 23, 2017, This kind of set an autonomously driven lap record of 2:40.33 at the Circuit of the Americas.
Additionally, Nio competes from the all-electric Formula E race series; the team was granted constructor status for the 2016–2017 season.
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When Nio launches on the U.S. market, the brand could face a competitive set that will includes newer players such as Tesla, Faraday Future, and also also also Lucid as well as EV offerings through established carmakers including BMW, Audi, and also also also Mercedes-Benz.
How do they plan to compete? “We don’t aim to sell electrics through emotional blackmail,” said a Nio executive. “They should be seen as the all-around better choice.”