20 Dec '17, 4pm

Nio ES8 electric SUV to go on sale in China this month; half the price of Tesla Model X

Another day, another electric vehicle from another startup carmaker in China enters the fray. The Chinese company Nio has now officially launched its first vehicle for the masses—an all-electric 480-kilowatt (644-horsepower) SUV to take on Tesla's Model X at just over half the price. The new model, called ES8, has a starting price of 448,000 RMB ($68,000) before incentives, undercutting the Tesla Model X—which is not eligible for incentives in China—by 388,00 RMB ($59,000 USD). DON'T MISS: Chinese electric-car startup Nio gets $1 billion in funding: report Nio claims the ES8 has a range of 500 kilometers (310 miles) when driven at a steady 60 km/h (37 mph) and achieves an NEDC range of 355 km (220 miles). The ES8's two motors are capable of rocketing the SUV to 62 mph in about 4.4 seconds, the automaker says. The SUV doesn't seem to skimp on features either, as Nio has eng...

Full article: https://www.greencarreports.com/news/1114409_nio-es8-elec...

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