Home Tech Insider Nio is Tesla's biggest competitor in the Chinese electric-vehicle market — here's how its ES8 SUV compares with Tesla's Model X (NIO, TSLA)

Nio is Tesla's biggest competitor in the Chinese electric-vehicle market — here's how its ES8 SUV compares with Tesla's Model X (NIO, TSLA)

mimisabreena Monday, April 01, 2019 Tech Insider

Nio is Tesla's primary domestic competition in China's luxury electric-vehicle market.
Nio released its first vehicle, the ES8 SUV, in 2018.
The ES8 has a 220-mile range, up to seven seats, and a starting price of around $67,000.

China is the world's largest electric vehicle market. In 2018, it was responsible for 56% of global electric vehicle sales with 1.2 million units sold.

In an effort to capture a greater percentage of that market, Tesla is building a factory in Shanghai, the first that will be wholly-owned by a foreign car company. For now, Tesla is shipping vehicles to Chinese customers from the United States.

Tesla's primary domestic competition in China's luxury electric-vehicle market is Nio, which released its first vehicle, the ES8 SUV, in 2018. The ES8 has a 220-mile range, up to seven seats, and a starting price of around $67,000.

Though it was first released in 2015, Tesla's Model X SUV is the company's closest competitor to the ES8.

Here's how the two vehicles compare.

Range

The Nio ES8 has 220 miles of range, according to the New European Driving Cycle (NEDC), while the Model X has a maximum range of 295 miles, according to the US Environmental Protection Agency (EPA). NEDC estimates tend to be more generous than those from the EPA.

Acceleration

The Model X can accelerate from 0-60 mph in a minimum of 2.8 seconds, while the ES8 can do the same in around 4.4 seconds.

Capacity

Both the Model X and ES8 can seat up to seven people. The Model X also has five and six-seat configurations, while the ES8 has a six-seat configuration.

See the rest of the story at Business Insider