Chinese language electrical carmaker Nio Inc. unveiled a flagship sedan at its annual buyer match Saturday, with the car set to tackle Porsche AG’s Panamera sequence and Mercedes-Benz Staff AG’s luxurious S vary.The four-seater govt sedan dubbed ET9 is anticipated to start out supply within the first quarter of 2025, with an estimated beginning worth at round 800,000 yuan ($112,000). It’s costlier than Tesla Inc.’s Style S, which begins at 698,900 yuan in China.