Xi'an, December 23: $NIO Inc.(NIO)$ unveiled its new flagship executive sedan, the ET9, at its NIO Day event. Marking a significant step into the domestic high-end luxury market, the ET9 boasts impressive specifications and innovative features.NIO ET9 & Nio Day Breakdown (good car, great technology) - YouTubeSize and Price: Positioned between a sedan and a crossover, the ET9 has a large body (5325mm x 2016mm x 1620mm) and a spacious wheelbase of 3250mm. With a pre-sale price of 800,000 yuan and deliveries starting in Q1 2025, it takes aim at established luxury players like the Audi A8, Mercedes-Benz S-Class, and BMW 7 Series.Technological Triumph: The ET9 showcases NIO's self-developed technology, aiming to elevate the brand image.Triple Electr
Can Nio Rise to $9 After Securing $2.2B Investment?
Nio has secured a $2.2bn investment from Abu Dhabi-backed CYVN Holdings. The deal, which follows CYVN’s more than $1bn injection in Nio in July, will give the UAE investment vehicle 20 per cent of the Chinese group’s shares and is intended to ease worries among some analysts over the lossmaking company’s finances.
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