NextEV Claims It’s Working On A Tesla Model X Competitor For Launch In 2018

8 months ago by Eric Loveday 14

NextEV Launches NIO Brand and World’s Fastest Electric Car

NextEV Launches NIO Brand and World’s Fastest Electric Car

China’s NextEV, the automaker behind the NIO EP9, the world’s quickest electric car, claims to now be working on a Tesla Model X rival for launch in late 2o18 or early 2019.

The Target...Tesla Model X

The Target…Tesla Model X

According to NextEV, the EP9 proves that the automaker is capable of designing a head-turning supercar, which it did so by using its experience in Formula E, but the EP8 will cost something like $1.2 million to build, so it’s certainly not a vehicle for the masses.

NextEV co-founder Jack Cheng says that EP9 will sit at the very top of the automaker’s range of vehicles, and that it will be followed by an electric SUV. Cheng states:

“It’ll be positioned at Audi and BMW but with a Toyota price.”

So, an affordable electric SUV then.

As for battery size and price, senior design director at NEXt, David Hilton, claims it’ll will have a 70-kWh battery pack and range of 330 miles (which naturally seems way optimistic to us – we are thinking ~250 miles at the very best).

On the performance side, Hilton says that the electric SUV will be “as good as or better than the Tesla [Model X] but cheaper.”

The SUV will be built in China with partner JAC Motors. It will be sold in the U.S., as well as other countries around the globe.   We will just have to wait and see on this one.

Source: Automotive News

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14 responses to "NextEV Claims It’s Working On A Tesla Model X Competitor For Launch In 2018"

  1. Assaf says:

    Yup, what the car market and the greater economy/society need, is *precisely* yet another competitor on the luxury EV slot, especially after it’s been conquered so decisively by the first company to get there.

    I don’t know how those auto execs think, but I think we now have a pretty good idea why no EVs showed up in their portfolios until governments and society started prodding them in the direction.

    What a bunch of cowardly, greedy lemmings.

    1. Yogurt says:

      Cowardly??
      Anyone who starts an automotive company has balls of steel as they are far more likely to go out of business than suceed…
      Now if it is a complete scam like Elio motors taking their gov for a ride that is different…
      There is no evidence that Next EV is a scam…

      1. Assaf says:

        Cowardly, b/c they’re afraid to think out of the box.

        Before Tesla succeeded, they were all laughing at the mere mention of EV.

        Now Tesla built a box called “selling luxury EVs for profit”. Without caring/daring to look at the bigger picture, they all just crowd to jump into the same box.

        Sorry, but that *is* a form of cowardice.

    2. Pushmi-Pullyu says:

      I think this is one of the most clueless posts ever on InsideEVs.

      Tesla hasn’t captured the entire upscale market for PEVs (Plug-in EVs), any more than Lamborghini did with upscale gasmobiles. There are also Porsche, Rolls-Royce, Maserati, Bentley, Bugatti, and others.

      Tesla has shown that it is possible for a new EV maker to be successful by entering the market with an expensive “supercar”, then using the experience developed from that, and the income, to fund less expensive EVs. Trying to imitate the one successful new EV maker doesn’t make NextEV and other wannabe EV makers “cowardly” or “greedy”. All successful companies inspire imitators. Sometimes those imitators succeed. Usually they don’t, but that’s true of all new businesses, not just would-be auto makers.

      What would you rather NextEV do, Assaf? Imitate CODA or Th!nk, and try to get their start by marketing a more down-market car that — inevitably, for a car made in small quantities — turns out to be too expensive to compete in its price segment?

      If you’re going to post a comment, it should be about something which might be possible in the real world. And not whining because your fantasy about getting a compelling PEV on the cheap tomorrow ain’t gonna happen.

  2. Rob Stark says:

    On top of being “Made in China” it is going to cost ~$6k to ship from China to the USA.

    So they need to undercut Tesla manufacturing cost by the price they expect to undercut Tesla, plus shipping cost plus 2.5% import duty.

    The average legacy automaker spends ~$2k per car in marketing expenses. Tesla spends $6 per vehicle in marketing expenses. I don’t believe NextEV will get the same free press as Tesla.

    Good luck with that.

    1. DJ says:

      Hahahaha you think it costs to ship $6k to ship a car from China to the US. That says a lot…

      While not quite as far companies like Kia, Hyundai, etc. seem to be able to do it without issue and at far less than $6k per car.

      It will be very easy to undercut Tesla on cost when you realize their costs all around are far cheaper with the one exception being duty costs.

      1. Pushmi-Pullyu says:

        DJ said:

        “Hahahaha you think it costs to ship $6k to ship a car from China to the US. That says a lot…”

        It says a lot that you’re laughing at someone for making an assertion which looks to be true, at least in some cases.

        According to the website linked below, it might cost as much as £5,254, which at today’s exchange rate would be $6401.

        However, that’s an individual shipping rate. Presumably an auto maker, shipping in lots, would get a volume discount.

        http://www.movehub.com/cn/international-shipping/usa

        1. I do believe I have seen whole ships, designed just for shipping OEM Cars!

          Shipping one’s own car to some far way place, in some shipping container, etc, would most assuredly cost more, than a bulk, long term, shipping arrangement of 10’s of Thousands of cars a year! Ya Think?

        2. DJ says:

          Uh, ya. It is called a volume discount and like I said it is nowhere near that. As someone who knows what containers from China cost to ship to the US for large shipments it is laughable to think they are $6k per car…

          Not sure why you felt the need to call out my post and then go on to back it up but thanks PuPu.

          1. Pushmi-Pullyu says:

            My comment was prompted more by your ridicule for the person making the original assertion, and less about the fact that what you said was factually incorrect.

            Civil discussion and debate requires that we restrict our attacks to the points that others make… and not to the people making them.

            Also, don’t imagine that I fail to notice your attempt to move the goal posts in this argument.

  3. James says:

    Yay, another Chinese Tesla competitor. Zzzzzzzzz. Anyone with a few million bucks can build a supercar, but no one yet has built out a charging network, which is really the first thing any of these clowns should put in place. Spend $100M building a charging network in secret, then unveil an idiotic car like the FF 91, the Lucid, or this cool-looking, but useless race car. Even the Chevy Bolt is a dumb car without a way to take it past your own city. I was trying to convince a friend here in Phoenix to get a Bolt, and he asked if he could drive it to LA. The answer was a sad, sad, “No.” Even Chevy, who has the money, hasn’t put any money in charging. It’s literally putting the cart before the horse. You can easily drive a Tesla to LA, or NYC. The FF 91 would be stuck in the middle of the desert, as would the Bolt, Lucid, and your $1.2M race car.

    1. Pushmi-Pullyu says:

      James said:

      “…no one yet has built out a charging network, which is really the first thing any of these clowns should put in place.”

      The first thing?!?!

      How short memories are! Everyone seems to have forgotten that Tesla started selling cars in 2008, and didn’t install the first Supercharger until 2012.

      Also, I think it’s absurd to suggest every EV maker should install its own public fast-charging network. Have gasmobile makers all built their own networks of gas stations? No, and EV makers shouldn’t be expected to either.

      It’s great that Tesla hasn’t waited for demand to motivate the build-out of such a network in a more natural, market-driven fashion. Good for Tesla, and that’s a great selling point for its cars. But to expect other EV makers to follow suit merely because they plan to start selling one or two models of EV, is nothing more than wishful thinking.

  4. Alan9 says:

    Could the journalist stop with the “Tesla Competitor” or worse “Tesla killer” clickbait?

    The competition is the 99%of the vehicles that are petroleum powered

    1. Pushmi-Pullyu says:

      Hear, hear!