During the NIO Day event in China – at Beijing Wukesong Arena, to be precise – the new EV startup announced the official launch of the NIO ES8 Electric SUV in the Chinese market. This is a very important product, not just because of its excellent specs and details, but also because it is a threat to the biggest EV maker of all, Tesla.
It is only available in China for now, but when NIO ES8 reaches the global market it is going to challenge the authority of Tesla Model X. And since these EV has fairly similar builds, an upcoming mid-size sedan could similarly render the Model 3 rather pointless. The reason for that is very simple: price. The ES8 launches in China for the equivalent of $65,000, thereabouts. In comparison, the cheapest Model X starts at $75,000. What is more, the ES8 offers some truly ingenious battery solutions to reduce range anxiety and charging hassle.
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The battery rental plan for NIO ES8 Electric SUV offers battery upgrading services, along with quality assurance, roadside assistance, car connectivity, and nationwide charging services. There is also NIO Power, a plan in which you can swap the empty battery for a full one in just three car en...
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