Nio Reveals Electric SUV

EV startup Nio has revealed its electric SUV – a move that challenges Tesla’s position in China. The Nio ES8 was revealed at the Shanghai motor show, and the company announced the vehicle will go into production by the end of 2017 and will be catered specifically to Chinese people. Deliveries will be available as soon as early 2018. China enjoyed a huge number of EV sales compared to Europe and the US in 2015 and 2016. Tesla has been making moves to gain traction in the country but has been largely unsuccessful.