NIO’s third model said to be a sedan dubbed EP7

[Abby Yuan 0]

The third model of Chinese EV startup NIO will be a sedan model dubbed “EP7”, according to local media. The new model is likely to be launched at the NIO Day 2019 based on the routine that the startup always released a new model per NIO Day for the past two years.

NIO has so far released two mass-produced models. The first model ES8, hitting the market at NIO Day 2017, is priced between RMB44,800 and RMB548,000 (for the founder's editions). With both front and rear motors, the NIO ES8 delivers 480 kW of power and 840 N·m of torque to all four wheels. This E-powertrain enables the ES8 to accelerate from 0-100 km/h in just 4.4 seconds.