Tesla challenger NIO Inc. Unveils its New ET5 Mid-Size Sedan, Offering Up to 621 Miles of Range

Electric car maker NIO Inc held its annual “NIO Day” on Dec 18 in Suzhou, where the company unveiled its latest electric vehicle, the ET5 sedan. The ET5 is NIO’s fifth consumer EV, following the ES8 SUV, ES6 compact SUV, EC6 fastback and full-size ET7 sedan. The mid-size ET5 is poised to compete with the likes of the Tesla Model 3 and other similar EVs in China.