Nio's ET7 sedan, launched in 2022, is making a significant impact in the electric vehicle (EV) market, particularly as it competes with some of Germany's best luxury cars while maintaining a lower price point. Priced between 428,000 yuan and 516,000 yuan, the ET7 features swappable batteries, allowing for quick battery changes at one of Nio's 2,601 battery swap stations in China and 56 in Europe. This innovative approach addresses one of the major concerns for EV usersācharging time. The ET7 is equipped with advanced sensors and the Nio Adam supercomputer, boasting an impressive 1,016 TOPS of processing power, which enhances its self-driving capabilities. However, the NOP+ self-driving system requires a subscription for full functionality. The interior of the ET7 is designed with luxury in mind, utilizing 40% more Nappa leather and offering a premium sound experience with a Dolby Atmos sound system featuring 23 speakers. Performance-wise, the ET7 is powered by dual motors, with a 180kW front motor and a 300kW rear motor, enabling it to accelerate to 100 km/h in just 3.8 seconds. The vehicle also offers a maximum range of 705 km when equipped with a 100 kWh battery. Nio aims to expand its presence to 25 overseas markets by the end of 2025, further solidifying its position in the competitive EV landscape. [b1764496]