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NextEV Aims To Release Electric SUV With Performance Of Tesla Model X “But Cheaper” In US By 2019

The Chinese electric vehicle startup NextEV is aiming to release an all-electric SUV with performance “as good as or better than” the Tesla Model X and priced below that offering in the US market by late 2018 or early 2019, according to recent reports.

nextevThe Chinese electric vehicle startup NextEV is aiming to release an all-electric SUV with performance “as good as or better than” the Tesla Model X and priced below that offering in the US market by late 2018 or early 2019, according to recent reports.

The model will be offered under the firm’s new “NIO” brand — which is the brand that the 1,342 horsepower electric supercar known as the EP9, which we reported on recently, will be sold under.

The electric NIO SUV will reportedly feature a 70 kilowatt-hour (kWh) battery pack and a range of 330 miles per full charge, according to the company’s co-founder. That range relates to the current European testing cycle (NEDC), though, so range will presumably be quite a bit lower.

Automotive News provides more: “Chinese electric vehicle specialist NextEV will target the US as the first foreign market for its SUV rival to the Tesla Model X, NextEV co-founder Jack Cheng said at the launch of the company’s first road car late last month. ‘It’ll be positioned at Audi and BMW but with a Toyota price,’ Cheng said. US sales will start in late 2018 or in the beginning of 2019, he said.”

Continuing: “NextEV is the brainchild of William Li, who made his fortune partly through an online portal providing up-to-date prices to car dealers in China. He plans to make a success of NIO by providing excellent customer service, something he said Tesla has failed to do in China.”

At the recent launch event in London, he apparently told journalists: “I have a Tesla. It me took three months to install a charger at home.”

The NIO electric SUV will apparently be manufactured in China through a partnership with JAC Motors.

Interesting altogether, but “with a Toyota price” is an ambiguous statement. If pieced low enough, say ~$20,000, such an offering would likely sell pretty decently in the US. Even if it is offered by a Chinese startup.

 
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Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

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