NIO sees first Pre-Production ET7 and Hycan launched the Z03

2021.11.29 08:42 Asset_value_cash NIO sees first Pre-Production ET7 and Hycan launched the Z03

NIO sees first Pre-Production ET7 and Hycan launched the Z03
The NIO ET7 is finally for real. The production version was unveiled on the eve of the 2021 Guangzhou Auto Show in China. NIO also announced pricing and colors.

  1. Do you like the ET7 car ?


https://preview.redd.it/lnpxgqezqi281.jpg?width=1068&format=pjpg&auto=webp&s=f2aee4d2eebda657bef880cdfe9d5db2f6c9e762
For me it looks like a modern Maserati Lol.

NIO still doesn’t have its own factory. Like the other NIO’s, the NIO ET7 is contract-manufactured by Jianghuai Automobile (JAC). NIO’s current contract with JAC runs until 2024. In the mean time, NIO hopes to build its own factory, but recently we haven’t heard much about that anymore, so perhaps they plan to stay with JAC for a bit longer.
NIO sees first Pre-Production vehicles of ET7 roll off line. The core objective of this phase is to make the production line capable of mass production, at the end of which the ET7 will officially enter the final mass production phase.

https://preview.redd.it/w1hgf0ydri281.jpg?width=1190&format=pjpg&auto=webp&s=253214e76b440f36700836e09f3decbf1eb44b79
NIO announced the progress on its app today, saying that the rollout of the Pre-Production vehicles means that the production line is beginning to validate the vehicle's small-volume production capacity and ensure that all parts are in marketable condition.

Nio backed EV startup Hycan launched the Z03 crossover for $20,000

Hycan is a new EV brand in China. It was founded in 2018 as a joint venture between state-owned GAC (Guangzhou Auto) and Nio. While Nio’s cars are built by another state-owned automaker JAC, GAC will take care of the manufacturing of Hycan vehicles. Z03 is Hycan’s second car (the first was SUV Hycan 007, which had moderate success). In the first half of this year, GAC NIO JV was renamed Hycan Automobile Technology Co., Ltd. Hycan automobile focuses on young users.
This week, Hycan Z03 was officially announced on the market. There are four trims, with a price range of 132,800 yuan to 168,800 yuan ($20,000 – $26,000).

https://preview.redd.it/wtfdkz8xri281.png?width=906&format=png&auto=webp&s=741293290ff323fc9741bb6fc0ff28f38ea842e8
https://preview.redd.it/hjh0xr8xri281.png?width=1920&format=png&auto=webp&s=7da672bf4e6a54576aa43e246a23b3d425b8ee20

Hycan z03 Cool play version and Cool smart version are equipped with drive motors with a maximum power of 135kW and peak torque of 225Nm. The high-performance Version (Z Cool version) is equipped with drive motors with the full power of 160kW and a peak torque of 225Nm. In terms of range, it will provide two battery packs with different capacities, 64.6kwh and 76.8kWh. NEDC also has two options: 500km and 600km.
The number of offline stores of Hycan automobile has reached 107, covering 66 cities in China.

2. How many of you knew that NIO is playing lower premium EV market ?
3. Do you like this strategy they are adopting ?
4. What is your opinion on the Z03 car ?

Flashpoints
Dec 1st : November sales number.
Dec 18th : NIO day.
Jan 18th * : Q4 results
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