NIO Day 2021
NIO Day 2021 will be held on December 18 at the Olympic Sport Center Stadium in Suzhou: the Chinese manufacturer himself has made official the date. An inevitably important event in which the brand will announce the news concerning the brand. Not surprisingly, the Olympic Sport Center Stadium in Suzhou is a structure with 45,000 seats and capable of hosting an indoor arena for 13,000 people.Let's not forget that the Chinese car manufacturer aims to land in different European markets and therefore we do not exclude that NIO Day 2021 may be an opportunity to learn about new details about the plans that the Chinese brand has in store for growth in the Old Continent.
Surely the Chinese car manufacturer will announce some new models in the range. NIO itself has in fact made it known that in 2022 it would lead to the debut of three cars based on the NIO Technology Platform 2.0: the ET7 and two other cars that will probably be presented during the event on 18 December. According to some rumors, the ET5 and a minivan or a coupe should arrive.
We also do not exclude that NIO will present news dedicated to its Battery Swap system. The rapid replacement of the batteries has given way to a real revolution in the charging system of electric cars: the car manufacturer NIO, however, does not seem to be the only company aiming at this revolutionary charging method. Geely recently announced that it plans to make 5,000 battery swap stations operational in China by 2025.
Nio Day 2021 To Be Held Dec. 18: What You Need To Know
NIO Inc. (NYSE: NIO)'s annual Nio Day event, where the electric vehicle manufacturer makes key product and service announcements, is set for December.
What Happened: The company confirmed on the Nio app as well as its Weibo account that Nio Day 2021 will held at the Olympic Sports Center in Suzhou, China on Dec. 18.
Suzhou was announced as the host city by Nio in late July following a multi-step selection process.
Suzhou is a city located west of Shanghai, and is close to Zhejiang and Jiangsu provinces, which reportedly have a large number of Nio users.
This will mark the company's fifth Nio Day. The previous one was held in Chengdu on Jan 9. At the event, Nio announced its first-ever sedan, named ET7, the Power Swap Station 2.0 and a 150kWh solid state battery pack, among other news.
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What to Expect From Nio Day 2021: Nio is expected to give an update on whether the ET7 sedan is on track to begin deliveries by early 2022.
Another sedan, going by the name ET5, could make its appearance at the Nio Day 2021, Autohome.com reported in early September.
Nio has been sounding out its intention to launch a mass-market vehicle under a different brand name. Founder and CEO William Li confirmed on the company's second-quarter earnings call that Nio has assembled a core team for the purpose.
Nio also said it plans to deliver three new models, including the ET7, by 2022. These models will use Nio Technology 2.0.
The company's long-rumored sportscar, named EF9, could be unveiled at the event, according to ElectricVehicleWeb. The news source premised its deduction on the registration of the trademark for EF9 by the company. Rumors also suggest the EF9 could be the convertible version of the Nio EP9, which was once the world's fastest car when it was unveiled in November 2016.
The company is also likely to shed light on the progress with its Norwegian market foray and also elaborate on additional overseas expansion.
Story continues
Nio shares were trading 4.03% higher at $39.23 Monday morning.
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