load_file(“/includes-n/article_top.html”);load_file(“/includes-n/float_share.html”);SOURCE / ECONOMYChina’s Internet firms zoom into smart vehicle market with futuristic functionsBy Xinhua – Global TimesPublished: Dec 24, 2017 04:58 PMload_file(“/includes-n/article_share.html”);Chinese Internet firms are racing to launch car models with smart functions and are quickly installing charging posts to make their cars run further. Shanghai-based smart car developer NextEV, considered by some as “Chinas Tesla,” launched its electric SUV model, NIO ES8, on Sunday. A standard version of the ES8 is priced at 448,000 yuan ($68,168). With subsidies, however, the ES8 is sold at 370,000 yuan, compared to the Tesla Model S which is sold at 700,000 yuan with subsidies in the Chinese market. The car boasts outstanding self-driving technology. NIO Pilot, its automated piloting system, is Internet-connected and equipped with 23 sensors. Company founder and CEO Li Bin said the car is capable of producing a playlist of music by analyzing users records. It can automatically shut car windows in case of rain, take a selfie for the driver and turn on an air purification system based on weather conditions. Delivery to customers is expected to begin after the model completes a 3-million-kilometer road test due to take place in the first half of next year. Li also said the company plans to build 1,100 battery-swap stations nationwide by 2020. Each station will cover the space of three parking lots and will be able to swap electric vehicle batteries in just three minutes. Drivers in Chinas first-tier cities will soon be able to find a battery-swap station within just three kilometers, Li said. Less than one-third of Chinese urban households can actually afford to install electric car chargers at home as many dont have family-owned parking spaces. Li said the company therefore plans to work with the State Power Grid to link its chargers with the power networks along highways so that recharging electric vehicles is more convenient for consumers than filling up at gas stations. Always-on, another new smart car developer, launched its SUV EX5 model in Shanghai last week, which focuses on smart driving. Priced at 200,000 yuan, the car will be available to customers in the second half of 2018. load_file(“/includes-n/article_share.html”);load_file(“/includes-n/article_most_view.html”);var wxs = (function() {return navigator.userAgent.toLowerCase().indexOf(micromessenger) !== -1})();if (!wxs) {/* * * CONFIGURATION VARIABLES: EDIT BEFORE PASTING INTO YOUR WEBPAGE * * */var disqus_shortname = globaltimes; // required: replace example with your forum shortnamevar disqus_identifier = 1081759;/* * * DONT EDIT BELOW THIS LINE * * */(function () {var dsq = document.createElement(script); dsq.type = text/javascript; dsq.async = true;dsq.src = https:// + disqus_shortname +;(document.getElementsByTagName(head)[0] || document.getElementsByTagName(body)[0]).appendChild(dsq);})();}Please enable JavaScript to view the comments powered by comments powered by Disqusload_file(“/includes-n/footer.html”);load_file(“/includes-n/addthis.html”);

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