Nio's William Li Hints At a Second Electric Vehicle Sedan Model, Rivaling Tesla's Model 3

By Shanthi Rexaline8 days ago

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Chinese electric vehicle maker NIO Inc. - ADR (NYSE: NIO) announced a key production milestone Wednesday, after which founder and CEO William Li spoke to the media about the company's near-term goals.

Production Milestone: The company's 100,000 vehicle, an ES8, was completed at its Hefei manufacturing base on April 7.

Second Sedan Model In The Works: Nio unveiled its first-ever ET7 sedan at the annual Nio Day in January, with its scheduled commercial launch in the first quarter of 2022. The company is following up with a ...

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