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Nio (NYSE: NIO) has started delivering its executive flagship sedan, the ET9, its highest-priced model to date, putting its latest technologies, especially its in-house developed autonomous driving chip, into the hands of users. The Nio CEO has been continuing delivering the ET9 in Shanghai, which is massive and I talk all about it on this video. The first owner of the ET9 is Fang Hongbo, or Paul Fang, the chairman and CEO of Chinese home appliance giant Midea Group, based in Foshan, Guangdong, who previously test drove the electric vehicle. Nio founder, chairman and CEO William Li went to Foshan to personally deliver the vehicle to Fang, according to a short video shared by Li on Weibo today. Li said on Weibo that he and Fang discussed how Chinese brands can enter the high-end market and break the dominance of foreign brands in the market. They also talked about the topic of preventing employees from working inefficiently in terms of company management, according to Li. Nio unveiled the ET9 and began accepting reservations at Nio Day 2023 in December 2023, attempting to enter the luxury executive sedan market dominated by foreign brands including Mercedes-Benz Maybach. The ET9 was officially launched on Nio Day 2024 on December 21, 2024, with a starting price of RMB 788,000 yuan ($108,490) including the battery pack, making it Nio's most expensive model. I hope you enjoy the video and I wish you nothing but the best in your stock market investing journey. God Bless you All FACEBOOK: / phumudzosiphoro TWITTER: / phumudzosiphoro INSTAGRAM: / phumudzosiphoro #niostock #nio #nioprediction