Despite a promising 2018, the Chinese economy’s slowdown and expiration of certain subsidies have hurt NIO badly this year.
The limited edition of the electric SUV targets the ever-expanding gaming community in China.
Nio has big ambitions that go beyond China, but will wait until it ensures it will be a profitable endeavor.
Automakers must submit their findings to the Ministry of Industry and Information Technology by the end of October.
Nio has also upgraded the infotainment system, adding more gesture controls and third-party content.
The Nio ET production model is expected to arrive in 2021 at the latest; the show car has 295hp at its disposal.
The new study will be joined by other electrified Nio models, including the ES6, ES8 and EP9.
Electric cars must have a minimum range of 155 miles to get any subsidy.
The NIO ES8 has roughly twice as much power as the recently unveiled Li Xiang One, but less range.
RevoZport’s R-Zentric Aero Kit for the NIO ES8 .
Even though it exceeded its production targets, the Chinese startup’s losses were double that of 2017.
It starts at $51,800 and offers either five or seven seats, 70kWh or 84kWh batteries, and two dual-motor setups.