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At present, NIO has launched two mass-production models, ES8 and ES6, and in March, it has announced that the third model will be a car, or named Lulai ET7.

Today, Xilai officially released a trailer map of its new model, which has a sedan-style body and is likely to be the previously announced ET7. The new car will be officially unveiled at the Shanghai Auto Show, which opens on April 16, 2019.

From the preview diagram, the new car uses a sliding back design, the smooth roof lines are combined with the waistline at the front / rear wing, and the rear door is expected to be a hatchback design, which should be a four-door sedan model.

The third model of Lulai is a sedan, which was originally planned to be built by a self-built factory in Shanghai, but when it announced its results for the fourth quarter of last year, it also decided to cancel its plan to build a factory in Jiading, Shanghai. and announced that the third model is still manufactured by JAC Motor.

At present, NIO has launched two mass-produced models, ES8 and ES6, ES8 positioning medium and large SUV, with a comprehensive range of 355km and a price range of 44.8-548000 yuan (548000 yuan is the original version) before the subsidy. ES6 positioning medium-sized SUV,84 kilowatt-hour performance version of the comprehensive range of 510km, before the subsidy price range of 35.8-548000 yuan (548000 yuan for the first commemorative version).

A total of 11348 ES8 vehicles were delivered in 2018, with a total revenue of 4.9512 billion yuan, but the loss continued to expand, with a net loss of 9.639 billion yuan for the whole year, an increase of 92 per cent over last year. The financial report shows that in 2018, the total cost of sales of NIO was 5.207 billion yuan, the total R & D expenses was 3.9979 billion yuan, and the total sales and management expenses reached 5.3418 billion yuan.

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