Nio Day 2021: Live Benzinga Blog

The big catalytic event that drove Nio, Inc.'s NIO shares to an all-time high earlier this year in January is upon us once again. After months of preparations, the Nio Day 2021 finally gets underway Saturday.

All roads lead to the Suzhou City, as Nio's C-suite, its loyal following called the Nio users, media and analysts converge in the city, situated west of the financial hub of Shanghai and in the southeastern Jiangsu Province of East China.

Nio has revealed bits and pieces of information regarding what to expect from the event. A new vehicle model is a certainty, given the company shared a teaser image of it earlier this week.

The rest of the itinerary is anybody's guess. The Nio Day 2021 is themed "Hello World," to reflect the company's openness in embracing the complex and ever-changing world.

#NIODay 2021 is almost here! Tune in to our livestream on https://t.co/wksilpZJ89 on December 18 at 3:00 AM Pacific/6:00 AM Eastern. #HelloWorld pic.twitter.com/fE5ufkkszL

— NIO (@NIOGlobal) December 18, 2021

Nio's livestreaming of the event can be accessed by clicking here. As we wait for the livestreaming to begin, click here to read Benzinga's preview of the event.

6:02 am: Nio is taking us around a tour of Suzhou

6:05 am: Starts with a musical treat from two Nio owners

6:15 am: Testimonials by Nio owners shown

6:16 am: a heartwarming testimony that underlines Nio always extending a helping hand

6:22 am: The boss takes the centerstage; William Li welcoming and giving introductory remarks

6:25 am: Li listing anecdotes of Nio users doing charitable work, extending helping hand

6:27 am: After Norway, Nio to come to Denmark, Sweden, Netherlands and Germany in 2022

6:29 am: Nio to invest 80 million Nio points to user partner plan

6:31 am: Nio to invest 100 million yuan for Clean Park projects over the next three years

6:34 am: Li details Power North and Power Up plans 6:35 am: Nio says have built 733 swap stations in 2021

6:37 am: Li says 10,000 users have benefited from battery upgrade

6:38 am: Li: ET7 comes with more features and improved specs than announced at the Nio Day 2020

6:42 am: order confirmation on Jan. 20, 10,000 yuan rebate plus 30,000 Nio points, Delivery from March. 2022

6:45 am: announces ET5, so the mystery product is out

6:46 am: ET5, with the tagline Ignite the Senses is a smart electric sedan, Li says

6:48 am: The mid-size sedan is 1,499 mm high, 2,999 mm wheelbase, 1,960 wide, sleeker double dash day running light, LED headlights, shark nose, sporty calipers in Airglow orange, high-resolution AD cameras

6:50 am: Ultra-long-range high resolution, LiDAR, watchtower sensor layout, poised shoulder lines, illumiblade tailight

6:54 am: Li says no one has ever seen a car like ET5

6:56 am: coefficient of drag 0.24, range 550 km with 75kwh battery, which increases to 700 km with 100 kwh battery and to 1,000 km with 150 kwh battery

6:59 am: ET5 to come with Aqula super sensing and Adam super computing

7:01 am: ET5 to have 18 driver assistance features, 6 interior color

7:02 am: Nio ET5 priced at 328,000 yuan for 75 kWh battery, 258,000 yuan under BaaS, with 980 yuan monthly subscription, 386,000 yuan for 100 kWh and 258,000 yuan under BaaS with 1,480 yuan monthly subscription; Full features of NAD available

7:05 am: Freebies for original ET5 owners: 10-year unlimited warranty, lifetime free power swap, free power home, free roadside rescue and more

7: 07 am: preorders staring immediately with a 2,000 yuan deposit, 8,000 yuan worth of exterior design kit, deliveries to start Sept. 2022

7:10 am: Norwegian DJ Alan Walker on stage

7:17 am: Customized song for Nio Day: 'Sing Hello World If It's Feels So Good To Be Home' aired

7:20 am: Nio Band Takes Center stage 

7:23 am: Li high-fives with band members; virtual hellos exchanged, underlining the theme of the Nio Day 2021

7:27 am: The event ended, probably an anti-climax for those who were bracing for more than one product announcement and details on progress in Norway and international foray. Nio shares are way off the all-time highs of $66.99 reached in January, and closed Friday's session at $30. In after-hours, the stock gained 1.93% in anticipation of the event. Wonder where the stock is headed Monday.