Electric carmaker Nio gearing up in its drive to take on Tesla

Nio Inc, a Chinese electric carmaker seeking to take on Tesla Inc, is ramping up its drive to meet consumers' demand for longer travel range and better customer services with its second sports utility vehicle.

The move came after a few new Chinese automakers started delivering cars to consumers, triggering some negative feedback on user experience and in-car software.

Li Bin, CEO and founder of Nio, said the new SUV ES6's most premium model can reach 100 kilometers per hour in 4.7 seconds, with the range hitting a high of 510 kilometers. In comparison, its first SUV ES8's range just stands at 355 km.