NIO's story is a little simpler. The above article may contain affiliate links which help support Guiding Tech. Check out The Wheel Network's Video on how the battery swapping process for the ES8 works. Tesla even released an SUV, the Model X, in 2015, which drew a lot of attention in 2017 by beating a Lamborghini Aventador in a drag race, and setting a record for the fastest SUV in a quarter-mile drag race. NIO ES8 SUV | NIO EVs have become more prominent over the last few years and Tesla's success has been a shining beacon, which has given the EV sector a sense of security. Tesla Vs. Nio Vs. Xpeng: A Look At The Chinese Electric Vehicle Market. So far, EV makers have been astonishing 2020. NIO's NOMI Pilot advanced driver-assistance system (ADAS) is made up of 23 different sensors and allows for autonomous driving features, which include Highway Pilot, Traffic Jam Pilot, and automatic emergency braking. There have been other positive examples in recent years as well. Grow Your Real Estate Business Via Organic Referrals, Market Yourself in the Real Estate Industry in 2020, Why Americans Feel Stressed After Buying a House, LeBron James Helps Build Houses for the Poor, Real Estate Investing Gets Extremely Easy. Tesla and NIO are both electric vehicle brands. William has been helping friends troubleshoot tech problems for several years and thus made the natural progression into tech blogging. However, it does not affect our editorial integrity. What immediately grabs one's attention with the ES8 is that it costs less than Tesla's Model X. Tesla seems to have discontinued battery swapping in favor of their Supercharger network. By standard charging options, I mean charging with a standard 240V electrical outlet. How Can You Automate a Real Estate Business? Based on the closing prices on June 14, Tesla (NASDAQ:TSLA), NIO , and Nikola have risen 123%, 52%, and … TSLA dividends and NIO dividends both show up as Non-Applicable. TSLA’s market cap is currently $50.178B, while NIO Inc.’s market cap is $214.794M. Volvo has even gone as far as announcing that all of their cars will either be fully electric or hybrid gas-electric from 2019. Which brand, do you believe, will offer the best electric car of the future? Tesla Vs. Nio: How the Business Models Differ. The price of the ES8 is also a remarkable RMB 448,000 (about $67,788). © 2020 Guiding Media Pvt Ltd. All Rights Reserved. The impact that Tesla has had on the world of electric vehicles (EVs) is profound. The ES8 is sounding quite impressive so far but how does it stack up against Tesla's Model X (P100D)? Although they are a relatively new company, founded in 2014, they definitely have some 'chops'. Tesla’s model is relatively straightforward. In comparison, the ES8 has showcased 7 exterior colors. Tesla vs. NIO SUV Price Range in China. But NIO has spent a lot of money getting this far, quite a bit more than it should have. Yes, Nio could be a better buy than Tesla stock I know I’m going out on a limb here, and I probably won’t make a lot of friends among Tesla fans with this statement. The ES8 has a spacious interior which is set up in a 3-row, 7-seat format. Right now it's only available in China and will probably fare better there than the Model X due to the lower price and almost comparable performance. Tesla vs. NIO SUV Price Range in China. While the Model X edges out the ES8, based on the ES8's price, this is fair game. The seats are wrapped in Nappa leather and feature both 'Child-Care' and 'Lounge-seat' modes.