It will be adjacent to the Hyundai Motor Group Metaplant America, which is currently under construction.
Category: eMobility
NIO to launch ET5 Touring and ES6 in Europe on Jun 15
The ES6 is called the EL6 in Europe because of Audi's trademark lawsuit.
NIO (NYSE: NIO) said yesterday that it would launch new "models" in Europe on June 15, but didn't specify which ones. Now the answer has been revealed.
"We are revealing our new NIO models, the ET5 Touring and the EL6, on 15.06.2023, 19:00 CEST in a global online launch event and you are invited!" the Chinese electric vehicle (EV) maker tweeted today.
INSPIRED BY LIFE
We are revealing our new NIO models, the ET5 Touring and the EL6, on 15.06.2023, 19:00 CEST in a global online launch event and you are invited!
Stay tuned for more details ! #NIO #ET5Touring #EL6 #inspiredbylife pic.twitter.com/PjZGF7PHoX
— NIO (@NIOGlobal) June 10, 2023
The ET5 Touring will be NIO's first new model to be launched simultaneously in the global market, and its Chinese launch will start at 19:00 Beijing time (7:00 am US Eastern time) on June 15, a few hours before the European launch.
That European launch event starts at 1:00 pm US Eastern time on June 15, or 1:00 am Beijing time on June 16.
The EL6 is the SUV known in China as the ES6, which is using a new name in Europe because of the Audi lawsuit. Audi believes NIO's ES8 and ES6 infringe on its trademark rights for its S8 and S6 models.
NIO last held a launch event in Europe on October 8, 2022, when the company introduced the ET7, EL7 and ET5 to European consumers. The EL7 is the ES7 sold in China.
The company launched the new ES6 in China on May 24, and its deliveries began the night of the launch.
Earlier today, a message posted by NIO on its mobile app hinted that the ET5 Touring will be released for consumers in China, Norway, Sweden, Denmark, the Netherlands, and Germany.
The ET5 Touring show car and vehicles for test drives have recently arrived at NIO stores, and test drives will be available on June 15, it said.
NIO began accepting pre-orders for the ET5 Touring in China today, although the model's specifications and price have not yet been announced. Its delivery will begin on June 16, NIO said.
The production team of British automotive media Top Gear will be involved in the ET5 Touring launch event, according to information shared by the NIO App today.
As of today, the ET5 Touring show cars are available at 248 NIO stores in 48 cities across China.
NIO's stores include the flagship NIO Houses as well as the smaller NIO Spaces, and as of May 30, they numbered 118 and 269 in China, respectively, according to data it released on June 1.
NIO to launch ET5 Touring on Jun 15, delivery in China to start next day
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Nio ET5 Touring hits delivery centers in China. Officially launch on June 15
The Nio ET5 Touring has hit the delivery centers in China and will welcome the Chinese customers right after the official launch on June 16.
The post Nio ET5 Touring hits delivery centers in China. Officially launch on June 15 appeared first on CarNewsChina.com.
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NIO to launch ET5 Touring on Jun 15, delivery in China to start next day
The launch event of the ET5 Touring will start at 19:00 Beijing time on June 15. Show cars are already available in NIO stores and deliveries in China will start on June 16.
(Image credit: NIO)
NIO (NYSE: NIO) will officially launch the ET5 Touring next Thursday, and like the new ES6, which just went on sale late last month, deliveries of the new model will begin the day after the launch.
The launch of the ET5 Touring will begin at 19:00 Beijing time (7:00 am US Eastern time) on June 15, and it will be a launch event that will span six countries, NIO announced today.
The NIO App release implies that the ET5 Touring will be launched for consumers in China, Norway, Sweden, Denmark, the Netherlands, and Germany.
NIO is accepting pre-orders for the ET5 Touring from consumers in China starting today, although the model's specifications and pricing have not yet been announced.
The ET5 Touring is expected to cost RMB 335,000 ($47,000) - RMB 345,000, which will be slightly higher than the regular ET5's RMB 328,000, according to a June 5 research note by Deutsche Bank analyst Edison Yu's team.
Consumers who pre-order the model now will need to pay RMB 5,000 and they will receive 10,000 NIO Credits, worth RMB 1,000, after locking in their orders.
The offer will no longer be available after the ET5 Touring begins allowing consumers to lock in their orders.
Deliveries of the ET5 Touring will begin June 16 in China, roughly in accordance with consumers' order lock-in schedule, NIO said.
The model's show cars and vehicles for test drives have recently arrived at NIO stores, and test drives will be available on June 15, it said.
In an announcement announcing May delivery figures on June 1, NIO said it plans to launch a new NT 2.0-based model, the ET5 Touring, which will be available for delivery to customers starting in June.
The ET5 Touring will be launched globally in June and start its delivery with the Chinese market, it said at the time in a separate press release.
NIO will launch the ET5 Touring on June 15 and will begin its deliveries this month, William Li, founder, chairman and CEO of NIO, said yesterday during an analyst call following the company's first-quarter earnings announcement.
The ET5 Touring can meet the diverse usage scenarios of individual and family users, greatly enhancing the company's competitiveness in the high-end family car market, he said.
The production team of British automotive media Top Gear will participate in the ET5 Touring launch event, according to information shared by the NIO App today.
Notably, an image on NIO's English website yesterday hinted that the company will launch new models in Europe next week, possibly more than just the ET5 Touring.
"Brand new NIO models are coming. June 15, 19:00 CEST," reads the text of an image on the front page of NIO's English website.
The start time of the European event corresponds to June 15 at 1:00 pm US Eastern time, or June 16 at 1:00 am Beijing time.
($1 = RMB 7.1286)
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Tesla delivers 42,508 vehicles in China in May, taking 7.3% share of NEV market
Tesla ranked third in the CPCA's NEV retail sales rankings, with BYD and GAC Aion in first and second place with 38.1 percent and 7.8 percent shares, respectively.
Tesla (NASDAQ: TSLA) retail sales in China in May were 42,508 units, ranking third in the country's new energy vehicle (NEV) market with a 7.3 percent share, according to data released by the China Passenger Car Association (CPCA) on June 9.
That's up 332.65 percent from 9,825 units in the same month last year and up 6.39 percent from 39,956 units in April, according to data monitored by CnEVPost.
BYD's retail sales in May were 220,735 units, up 94.0 percent year-on-year, placing it first in the NEV market with a 38.1 percent share, according to the CPCA's ranking.
Tesla has a factory in Shanghai, its largest in the world, producing the Model 3 and Model Y, with an annual capacity of more than 1.1 million units.
Model 3 and Model Y breakdown sales figures in China are not yet available. Tesla's pattern is to produce vehicles in the first half of each quarter primarily for export and in the second half for the local market.
China's new energy passenger vehicle retail sales in May were 580,000 units, including 388,000 battery electric vehicles (BEVs) and 192,000 plug-in hybrids (PHEVs), data released by the CPCA on June 8 showed.
This means that Tesla's share of the BEV market in China was 10.96 percent in May, slightly higher than April's 10.8 percent. It had a slightly lower share of the NEV market in May than the 7.58 percent it had in April.
Tesla's Shanghai plant exported 35,187 vehicles in May, considering the CPCA said on June 5 that Tesla sold 77,695 China-made vehicles in May.
That export figure was up 57.51 percent year-on-year but down 1.95 percent from April, CnEVPost's calculations show.
In the ranking released yesterday by the CPCA, GAC Aion came in second with a 7.8 percent share of May retail sales at 45,003 units, up 113.7 percent year-on-year.
SAIC-GM-Wuling ranked fourth with a 6.3 percent share of May retail sales, up 13.7 percent to 36,253 units.
Li Auto ranked fifth with a 4.9 percent share of May retail sales, up 146.0 percent to 28,277 units.
Geely ranked sixth with a 4.4 percent share, Changan Auto ranked seventh with a 4.2 percent share, Great Wall Motor ranked eighth with a 3.6 percent share, Leapmotor ranked ninth with a 2.1 percent share and Neta Auto ranked 10th with a 1.9 percent share.
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