Chinese electric car start-up Nio reveals a new sedan AR VR glasses

Nio’s et5 electric sedan is set to start deliveries in Sept. 2022.


BEIJING — Chinese electric powered vehicle business Nio uncovered Saturday a new sedan and customized augmented reality (AR) eyeglasses that decrease the need for in-car screens.

Augmented truth is a technological know-how for imposing digital photos above the serious, bodily planet. For vehicles, the tech can permit drivers maintain their eyes on the road with out acquiring to look down at a dashboard.

Nio claimed it partnered with Chinese augmented reality start out-up Nreal for the AR eyeglasses that go with its new sedan, the ET5.

The electric car is established to start out deliveries in September 2022, with pre-subsidy costs starting off at 328,000 yuan ($51,250) for designs that arrive with a battery. The AR eyeglasses are not integrated and should be acquired individually, according to the firm.

Nio CEO William Li announces on Dec. 18, 2021, customized AR eyeglasses built with Chinese get started-up Nreal.

Evelyn Cheng | CNBC

The ET5 is Nio’s second sedan to arrive to sector. The company’s to start with sedan, the ET7, was uncovered in January at a bigger pre-subsidy commencing price of 448,000 yuan, but hasn’t started deliveries however.

Deliveries of the ET7 are established to commence on March 28, 2022, William Li, Nio’s founder, chairman and CEO, stated Saturday at the company’s once-a-year “Nio Working day” event.

Tesla, BYD, Xpeng and other electrical auto companies in China by now provide sedans which have proved popular with locals.

Nio reported its deliveries bounced back again in November from a reduced of 3,667 vehicles in Oct, bringing the total for the initial 11 months of the 12 months to 80,940 cars. Its ES6 and EC6 SUVs had been amongst the major 10 new electricity SUVs sold in China this yr as a result of November, in accordance to the China Passenger Vehicle Association.

Nio plans to enter Germany

Next 12 months, the electrical car enterprise options to provide its goods and products and services to Germany, the Netherlands, Sweden and Denmark, Li mentioned. By 2025, the firm aims to attain end users in much more than 25 nations around the world and locations, he claimed.

Nio opened a flagship keep in Oslo, Norway, this calendar year and started providing motor vehicles to the electric car or truck-helpful state, where by Chinese rivals Xpeng and BYD have also transported cars.

In early November, Li experienced claimed on an earnings connect with the corporation planned to enter 5 other countries in Europe upcoming 12 months in addition to Norway.

Nio’s ET5 electric powered sedan presents six solutions for inside colors, like the seatbelt.

Evelyn Cheng | CNBC

AR/VR investments

Nio’s investment decision arm Nio Capital is an investor in Nreal. The tailor made eyeglasses for the ET5 sedan can task an effective display dimensions of 201 inches at 6 meters, according to a launch.

Nio also introduced Saturday that it has jointly created digital reality glasses with Nolo, an additional Chinese get started-up backed by Nio Money. Pricing and other information about availability weren’t disclosed.

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