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Nio Stock Jumps 2% in Premarket Trading

Tiger Newspress2022-12-27

On December 24, Chinese automotive firm NIO released electric flagship coupe SUV EC7 and all-new electric flagship SUV ES8. The former starts at 488,000 yuan ($69,944), while the latter is 32,000 yuan more expensive than the current ES8, reaching 528,000 yuan. The firm also unveiled its third-generation battery swap station and commented on its mobile phone business and a recent data leakage incident.

The combination of a 300 kW high-performance induction motor and a 180 kW high-efficiency permanent magnet motor outputs rapid mighty power and maintains power continuity and low energy consumption. The EC7 accelerates from 0 to 100 km/h in only 3.8 seconds and comes to a complete stop from 100km/h in 33.9 meters. EC7 has three battery packs, and the cruising range under CLTC conditions is 490 km to 940 km.

With a drag coefficient as low as 0.230cd, the EC7 is now the SUV with the lowest drag coefficient in the world. The EC7 comes standard with an active adjustable rear wing, a first for NIO production models, which improves the aerodynamic performance of this coupe SUV. The rear wing enables options of drag reduction and control, providing drag reduction and downforce.

Shares of Nio jump 2.1% in premarket trading on Tuesday.

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Comment1

  • DingDongBell
    ·2022-12-28
    Sounds like a cool car! I d love to drive one, if I can afford [LOL] 
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