Category: Electric

NIO could bring the ET5 Touring and the new ES6 to European customers at a launch event next week.

NIO (NYSE: NIO) will launch new models in Europe next week, and the latest information suggests it may be more than just the ET5 Touring.

"Brand new NIO models are coming. June 15, 19:00 CEST," reads the text of a picture on the front page of NIO's English-language website.

"Join us online and get a preview experience of the brand new NIO models www.nio.com #inspiredbylife," NIO says in the text included in the "Add to Calendar" button on its website.

The event's European start time corresponds to June 15 at 1:00 pm US Eastern Time, or June 16 at 1:00 am Beijing Time.

Recent information indicates that NIO is expected to launch the ET5 Touring at the event, a model that has been seen frequently in Europe as well as China over the past two months.

The ET5 Touring has been quietly arriving at NIO stores in China, longtime NIO follower and car blogger @肉肉爸比ev said on Weibo yesterday.

The model will enter NIO's showrooms on the evening of June 9, and those interested can check it out on June 10, the blogger said, without providing any further information.

NIO will report first-quarter earnings before the US stock market opens on June 9 and then hold an analyst call.

NIO's management had previously mentioned that this variant of the ET5 would debut in Europe, and the model was developed primarily for European customers.

It's not clear if NIO will hold a separate launch for the model in China, as the company said on June 1 that the ET5 Touring will be launched globally in June and start its delivery with Chinese market.

NIO used the word "models" instead of "model" in the event preview on its English website, suggesting that it will launch more than one model at next week's event.

In addition to the ET5 Touring, NIO may also launch the new ES6 to local customers at the European event.

NIO launched the new ES6 in China on May 24, and deliveries began that night.

The new ES6 has a starting price in China of RMB 368,000 ($51,740) including batteries, making it the cheapest NIO SUV.

NIO last held a launch event in Europe on October 8, 2022, when the company introduced the ET7, EL7 and ET5 to European customers.

The EL7 is the ES7 sold in China, and that new name is due to NIO's lawsuit with Audi. The ES6 is expected to be similarly known as the EL6 in international markets.

($1 = RMB 7.1122)

ET5 Touring said to be available at NIO showrooms in China starting Jun 10

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