Daily Archive: March 13, 2023

VW joins China auto price war, offers up to $5,820 discount on ID. series EVs

FAW-Volkswagen's retail sales of NEVs in January-February were 9,572 units, down 8.3 percent from 10,442 units in the same period last year.

VW joins China auto price war, offers up to $5,820 discount on ID. series EVs-CnEVPost

The price war in China's auto industry continues, with Volkswagen becoming the latest to join in.

FAW-Volkswagen is offering discounts of up to RMB 40,000 yuan ($5,820) on the ID. family of models, with the lineup starting at as low as RMB 174,900 yuan, according to a poster posted on Weibo on March 11 by the Volkswagen joint venture in China.

This is to celebrate the second anniversary of the launch of the ID. family of models, according to the poster.

In addition to the discount, FAW-Volkswagen is offering consumers a free camping kit worth RMB 4,900.

FAW-Volkswagen's poster shows that these offers are for a limited time, but no expiration date is provided.

Currently, FAW-Volkswagen is selling the ID. series of ID.4 Crozz and ID.6 Crozz, two SUVs with suggested retail prices starting at RMB 217,900 and RMB 258,900 respectively.

In addition to FAW-Volkswagen, SAIC-Volkswagen, another Volkswagen joint venture in China, is also offering discounts for the ID. series EVs.

SAIC Volkswagen ID. series pure electric vehicles are offering discounts of up to RMB 30,000, and consumers can also receive up to RMB 10,000 worth of other benefits at dealership stores, according to a poster.

Like FAW-Volkswagen, SAIC-Volkswagen also offers the ID.4 series models, ID.4 X and ID.6 X, with suggested retail prices starting at RMB 195,888 and RMB 259,888, respectively.

In addition to the two ID. series models, SAIC Volkswagen also offers the compact ID.3 model with a suggested retail price starting at RMB 162,888.

Volkswagen had announced monthly sales of the ID. series EVs in late 2021 to early 2022, but then stopped publishing them.

FAW-Volkswagen's retail sales of NEVs in January-February were 9,572 units, down 8.3 percent from 10,442 units in the same period last year, according to a ranking released earlier this month by the China Passenger Car Association (CPCA). SAIC Volkswagen did not make it into the ranking of top sellers of NEVs in China.

FAW-Volkswagen's January-February retail sales of all vehicles were down 24.9 percent to 221,946 units, according to the CPCA. SAIC-Volkswagen's retail sales of all vehicles for the same period were down 29 percent to 154,631 units.

($1 = RMB 6.8695)

China auto price war: BMW dealers offer discounts of up to $14,360 for i3

VW joins China auto price war, offers up to $5,820 discount on ID. series EVs-CnEVPost

VW joins China auto price war, offers up to $5,820 discount on ID. series EVs-CnEVPost

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NIO App no longer shows ET7 wait time as talk of revamped model heats up

The ET7 delivered around 3,000 units per month for most of the second half of 2022, but only 521 and 649 units were delivered in January and February of this year, respectively.

NIO US | NIO HK | NIO SG

(From left to right: EC7, EC6, ET7, ET5. Screenshot on March 13.)

Past experience has shown that whenever NIO's mobile app stops showing the wait time for a model, it means that the improved version of the model is not far from release.

The NIO App stopped showing the expected delivery date for the electric vehicle maker's flagship sedan, the ET7, starting today, the first time the company's model wait times have changed in the past month.

The NIO App is currently showing eight models, including the old ES8, ES6 and EC6 based on the NT 1.0 platform and the new ES8, ES7, EC7, ET7 and ET5 based on the NT 2.0 platform.

The EC7 coupe SUV and the new ES8 were launched at NIO Day 2022 held on December 24, 2022, with deliveries to begin in May and June 2023, respectively.

Wait times for all other NIO models remain unchanged today. The last change to this information was on February 14, when the wait times for both the ES7 and ET7 changed from the previous 3-4 weeks to about 3 weeks, and for the ET5 from about 3 weeks to 2-3 weeks.

(From left to right: All-new ES8, old ES8, ES7, ES6. Screenshot on March 13.)

NIO's latest move comes at a time when discussions on social media about a revamped version of the ET7 are on the rise.

In several WeChat groups where CnEVPost is present, some NIO followers are already anticipating a facelift of the sedan one year since deliveries began.

Longtime NIO follower and auto blogger @肉肉爸比ev hinted on March 10 that a revamped version of the ET7 is not far away.

"Are people that concerned about the ET7 facelift? Let's just say the 2023 ET7 may be coming soon," the blogger wrote.

Changes to the new ET7 will likely not be significant, and NIO may offer upgrade options to owners of the current model, the blogger said, adding that consumers interested in the ET7 may choose to wait and see in the short term.

NIO launched the ET7, its first sedan, at the NIO Day 2020 event on January 9, 2021, with deliveries starting March 28, 2022.

In April 2022, the ET7's first full month of delivery, the sedan was ranked No. 10 in a list of premium sedans starting at more than RMB 300,000 ($43,440) by the China Passenger Car Association (CPCA) with 693 retail sales.

With increased capacity, ET7 sales continued to grow after deliveries began and reached a new monthly high of 4,349 units in June 2022.

Deliveries of the ET7 remained around 3,000 units per month for the vast majority of the second half of last year, but in December deliveries slipped to 1,379 units, missing the CPCA's ranking of premium sedan sales for the first time.

NIO stopped publishing ET7 figures in its monthly delivery figures this year, but figures released by the CPCA show that the sedan delivered 521 units in January and 649 units in February.

The CPCA's figures come from the numbers reported by carmakers, and the ET7 sales figures in its monthly rankings are consistent with the available figures previously published by NIO.

(1 $ = RMB 6.9063)

NIO ET5 drops 1 spot in ranking of top-selling premium sedans in China

Changes in wait times for NIO models

DateModelLatest Wait TimePrev Wait Time
03/13/23ET7 (NT 2.0)Stop showingAbout 3 weeks
02/14/23ES7 (NT 2.0)About 3 weeks3-4 weeks
02/14/23ET7 (NT 2.0)About 3 weeks3-4 weeks
02/14/23ET5 (NT 2.0)2-3 weeksAbout 3 weeks
02/6/23ET5 (NT 2.0)About 3 weeks3-4 weeks
01/28/23ES7 (NT 2.0)3-4 weeks2-3 weeks
01/28/23ET7 (NT 2.0)3-4 weeks2-3 weeks
01/28/23ET5 (NT 2.0)3-4 weeks7-9 weeks
01/11/23ET5 (NT 2.0)7-9 weeks8-10 weeks
01/5/23ET5 (NT 2.0)8-10 weeks9-11 weeks
12/29/22ET5 (NT 2.0)9-11 weeks10-12 weeks
12/22/22ET5 (NT 2.0)10-12 weeks12-14 weeks
12/20/22ES7 (NT 2.0)2-3 weeks4-6 weeks
12/13/22ET5 (NT 2.0)12-14 weeks13-15 weeks
12/13/22ET7 (NT 2.0)2-3 weeksAbout 2 weeks
12/13/22EC6 (NT 1.0)Stop showingAbout 2 weeks
12/2/22ET5 (NT 2.0)13-15 weeks21-23 weeks
11/25/22ES7 (NT 2.0)4-6 weeks7-9 weeks
11/25/22ET7 (NT 2.0)About 2 weeks3-5 weeks
11/23/22ES8 (NT 1.0)Stop showingAbout 2 weeks
11/16/22ET7 (NT 2.0)3-5 weeks4-6 weeks
11/10/22ES8 (NT 1.0)About 2 weeks2-3 weeks
11/10/22ES6 (NT 1.0)About 2 weeks2-3 weeks
11/10/22EC6 (NT 1.0)About 2 weeks2-3 weeks
11/3/22ES7 (NT 2.0)7-9 weeks11-13 weeks
11/3/22ET7 (NT 2.0)4-6 weeks6-8 weeks
11/3/22ES8 (NT 1.0)2-3 weeks2-4 weeks
11/3/22ES6 (NT 1.0)2-3 weeks2-4 weeks
11/3/22EC6 (NT 1.0)2-3 weeks2-4 weeks
10/31/22ES7 (NT 2.0)11-13 weeks12-14 weeks
10/31/22ES8 (NT 1.0)2-4 weeks3-5 weeks
10/31/22ES6 (NT 1.0)2-4 weeks3-5 weeks
10/31/22EC6 (NT 1.0)2-4 weeks3-5 weeks
10/21/22ES7 (NT 2.0)12-14 weeks13-15 weeks
10/21/22ET7 (NT 2.0)6-8 weeks11-13 weeks
10/21/22ET5 (NT 2.0)Stop showing21-23 weeks
10/21/22ES8 (NT 1.0)3-5 weeks4-6 weeks
10/21/22ES6 (NT 1.0)3-5 weeks4-6 weeks
10/21/22EC6 (NT 1.0)3-5 weeks4-6 weeks

The post NIO App no longer shows ET7 wait time as talk of revamped model heats up appeared first on CnEVPost.

For more articles, please visit CnEVPost.