Category: Nio

NIO ES7 wait time reduced to about 3 weeks

The wait information for the NIO ES7 last changed on April 17, when it went from about 2 weeks to 3-5 weeks.

NIO ES7 wait time reduced to about 3 weeks-CnEVPost

(Image credit: CnEVPost)

The wait time for the NIO (NYSE: NIO) ES7 in China has been slightly shortened, with that information for the SUV becoming longer a week ago.

For consumers currently locking in orders for the ES7, delivery is expected in about 3 weeks, information from the NIO App monitored by CnEVPost shows.

The last change in the wait information for the NIO ES7 was on April 17, when it went from about 2 weeks to 3-5 weeks.

NIO ES7 wait time reduced to about 3 weeks-CnEVPost

(Screenshot on April 25.)

NIO's website and app currently showcase 7 models -- the new ES8, ES7, new ES6, EC7, EC6, ET7, ET5.

All are new models based on the NT 2.0 platform, except for the EC6, which is an older model based on the NT 1.0 platform.

In the vehicle configurator of NIO App, only five models are available -- the new ES8, ES7, EC7, ET7, ET5, while the configurator of the new ES6 and the EC6 based on NT 1.0 platform is not available.

On the first day of the Shanghai auto show on April 18, NIO launched the 2023 ET7 and unveiled the new ES6. The price of the new ET7 is the same as the previously available version, while the price of the new ES6 was not announced.

On April 21, the NIO App saw major changes to the vehicle configurator, with the ET7's wait times starting to be displayed again.

Except for the ES7, wait times for all other NIO models are unchanged today -- deliveries of the new ES8 are expected to begin in June, wait times for both the EC7 and ET7 are about 4 weeks, and for the ET5 is about 2 weeks.

NIO delivered 10,378 vehicles in March, up 3.94 percent from 9,985 units a year ago but down 14.6 percent from 12,157 units in February.

As of March 31, cumulative deliveries of NIO vehicles reached 320,597 units.

NIO's battery swap network completes initial coverage of Beijing-Taipei highway

Changes in wait times for NIO models

DateModelPrevChangeLatest
04/25/23ES7 (NT 2.0)3-5 weeks↓About 3 weeks
04/21/23ET7 (NT 2.0)NANAAbout 4 weeks
04/21/23EC7 (NT 2.0)Mid MayNAAbout 4 weeks
04/17/23ES7 (NT 2.0)About 2 weeks↑3-5 weeks
04/14/23ES6 (NT 1.0)About 2 weeksNAStop showing
04/10/23ET5 (NT 2.0)About 3 weeks↓About 2 weeks
04/10/23ES7 (NT 2.0)About 3 weeks↓About 2 weeks
03/28/23ET5 (NT 2.0)3-4 weeks↓About 3 weeks
03/28/23ES7 (NT 2.0)4-6 weeks↓About 3 weeks
03/14/23ET5 (NT 2.0)2-3 weeks↑3-4 weeks
03/14/23ES7 (NT 2.0)About 3 weeks↑4-6 weeks
03/13/23ET7 (NT 2.0)About 3 weeksNAStop showing
02/14/23ES7 (NT 2.0)3-4 weeks↓About 3 weeks
02/14/23ET7 (NT 2.0)3-4 weeks↓About 3 weeks
02/14/23ET5 (NT 2.0)About 3 weeks↓2-3 weeks
02/6/23ET5 (NT 2.0)3-4 weeks↓About 3 weeks
01/28/23ES7 (NT 2.0)2-3 weeks↑3-4 weeks
01/28/23ET7 (NT 2.0)2-3 weeks↑3-4 weeks
01/28/23ET5 (NT 2.0)7-9 weeks↓3-4 weeks
01/11/23ET5 (NT 2.0)8-10 weeks↓7-9 weeks
01/5/23ET5 (NT 2.0)9-11 weeks↓8-10 weeks
12/29/22ET5 (NT 2.0)10-12 weeks↓9-11 weeks
12/22/22ET5 (NT 2.0)12-14 weeks↓10-12 weeks
12/20/22ES7 (NT 2.0)4-6 weeks↓2-3 weeks
12/13/22ET5 (NT 2.0)13-15 weeks↓12-14 weeks
12/13/22ET7 (NT 2.0)About 2 weeks↑2-3 weeks
12/13/22EC6 (NT 1.0)About 2 weeksNAStop showing
12/2/22ET5 (NT 2.0)21-23 weeks↓13-15 weeks
11/25/22ES7 (NT 2.0)7-9 weeks↓4-6 weeks
11/25/22ET7 (NT 2.0)3-5 weeks↓About 2 weeks
11/23/22ES8 (NT 1.0)About 2 weeksNAStop showing
11/16/22ET7 (NT 2.0)4-6 weeks↓3-5 weeks
11/10/22ES8 (NT 1.0)2-3 weeks↓About 2 weeks
11/10/22ES6 (NT 1.0)2-3 weeks↓About 2 weeks
11/10/22EC6 (NT 1.0)2-3 weeks↓About 2 weeks
11/3/22ES7 (NT 2.0)11-13 weeks↓7-9 weeks
11/3/22ET7 (NT 2.0)6-8 weeks↓4-6 weeks
11/3/22ES8 (NT 1.0)2-4 weeks↓2-3 weeks
11/3/22ES6 (NT 1.0)2-4 weeks↓2-3 weeks
11/3/22EC6 (NT 1.0)2-4 weeks↓2-3 weeks
10/31/22ES7 (NT 2.0)12-14 weeks↓11-13 weeks
10/31/22ES8 (NT 1.0)3-5 weeks↓2-4 weeks
10/31/22ES6 (NT 1.0)3-5 weeks↓2-4 weeks
10/31/22EC6 (NT 1.0)3-5 weeks↓2-4 weeks
10/21/22ES7 (NT 2.0)13-15 weeks↓12-14 weeks
10/21/22ET7 (NT 2.0)11-13 weeks↓6-8 weeks
10/21/22ET5 (NT 2.0)21-23 weeksNAStop showing
10/21/22ES8 (NT 1.0)4-6 weeks↓3-5 weeks
10/21/22ES6 (NT 1.0)4-6 weeks↓3-5 weeks
10/21/22EC6 (NT 1.0)4-6 weeks↓3-5 weeks

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An NIO employee exposed toxic overwork culture with more than 500 unpaid overtime hours, admitted to emergency room multiple times

The employee also revealed that NIO wants to pay her 17,400 USD to have her resign, but she could no longer speak out.

The post An NIO employee exposed toxic overwork culture with more than 500 unpaid overtime hours, admitted to emergency room multiple times appeared first on CarNewsChina.com.

An NIO employee exposed toxic overwork culture with more than 500 unpaid overtime hours, admitted to emergency room multiple times

The employee also revealed that NIO wants to pay her 17,400 USD to have her resign, but she could no longer speak out.

The post An NIO employee exposed toxic overwork culture with more than 500 unpaid overtime hours, admitted to emergency room multiple times appeared first on CarNewsChina.com.

NIO’s battery swap network completes initial coverage of Beijing-Taipei highway

The G3 Beijing-Taipei highway is a 2,030-kilometer road linking northern, eastern and southeastern China.

NIO's battery swap network completes initial coverage of Beijing-Taipei highway-CnEVPost

(Image credit: CnEVPost)

NIO's (NYSE: NIO) battery swap station network is extending its coverage to a broader area, completing initial coverage of a major highway from northern to southern China.

On April 23, NIO's battery swap station network completed initial coverage of the G3 Beijing-Taipei highway with 21 battery swap stations along the route, the electric vehicle (EV) maker announced today.

NIO's battery swap network completes initial coverage of Beijing-Taipei highway-CnEVPost

(Image credit: NIO)

By now, NIO has completed coverage of five major highways connecting to Beijing, the other four being the G1 Beijing-Harbin highway, the G2 Beijing-Shanghai highway, the G4 Beijing-Hong Kong-Macau highway and the G5 Beijing-Kunming highway.

The G3 Beijing-Taipei highway is a trunk line linking northern, eastern and southeastern China, with a total length of 2,030 kilometers, running through Beijing, Hebei, Shandong, Jiangsu, Anhui, Zhejiang, Fujian and Taiwan. The Fuzhou-Taipei section is not yet open.

Along the highway, there is an average of one battery swap station every 112 kilometers, according to NIO.

Here's a video NIO shared on its mobile app.

On July 6, 2022, NIO said at the second NIO Power Day event that it will complete a battery swap network covering nine vertical highways, nine horizontal highways and 19 urban clusters in China by 2025.

NIO's battery swap network completes initial coverage of Beijing-Taipei highway-CnEVPost

(Image credit: NIO)

NIO expects to have more than 4,000 battery swap stations worldwide by 2025, with 1,000 of them located overseas, the company said at the time.

By 2025, more than 90 percent of NIO customers will have at least one battery swap station within three kilometers of their homes.

As of today, NIO's battery swap station network covers 6 vertical highways, 3 horizontal highways and 8 urban clusters.

NIO announced plans late last year to add 400 battery swap stations in 2023, but that plan was raised to 1,000 on February 21.

William Li, NIO's founder, chairman and CEO, said at the time that the company would further accelerate the deployment of battery swap stations, aiming to have more than 2,300 battery swap stations in China by the end of 2023.

On April 12, NIO's first 10 third-generation swap stations went into operation, after the next-generation station was launched at NIO Day late last year.

On April 18, Li said at a press event on the first day of the Shanghai auto show that NIO will add about 200 battery swap stations every month starting in June.

NIO added two battery swap stations in China today, bringing the total number of facilities to 1,366. It also added five charging stations, bringing the total to 2,506, providing 14,857 charging piles, according to data monitored by CnEVPost.

April 23 and May 6 are working days in China, according to the country's schedule for the upcoming Labor Day holiday, even though they are Sunday and Saturday, respectively. The holiday runs from April 29 to May 3.

NIO's 1st 10 3rd-gen swap stations go into operation

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NIO App sees major changes to vehicle configurator, here are latest model wait times

NIO App's vehicle configurator now available for only 5 models, and the ET7 wait time is back on display.

NIO App sees major changes to vehicle configurator, here are latest model wait times-CnEVPost

(Screenshot on April 21.)

The vehicle configurator on NIO's (NYSE: NIO) Chinese mobile app sees significant changes, following the company's launch of the new ES6 and the 2023 ET7 at the Shanghai auto show.

NIO's website currently showcases seven models -- the new ES8, ES7, new ES6, EC7, EC6, ET7, and ET5.

All models are new based on the NT 2.0 platform, except for the EC6, which is an older model based on the NT 1.0 platform.

In the vehicle configurator of NIO App, only 5 models are available -- the new ES8, ES7, EC7, ET7, ET5, while the configurators of the new ES6 and the NT 1.0 EC6 are not available.

On the first day of the Shanghai auto show on April 18, NIO launched the new ET7 and unveiled the new ES6.

The 2023 ET7 is already taking order lock-ins, with deliveries starting in mid-May. The new ES6 started to take pre-orders, but the official launch and delivery will be late May, William Li, NIO founder, chairman and CEO, said at the time in a brief launch event.

Previously, the NIO website and app are showing eight models, including the 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 all-new ES8 currently shows an expected delivery date of June, in line with the previous one. The model was unveiled at the NIO Day event on December 24 last year and has not yet started taking order lock-ins.

The ES7 currently has a wait time of 3-5 weeks, consistent with the previous information. The model was launched on June 15, 2022, and deliveries began on August 28.

The EC7 currently has a wait time of about 4 weeks. The model was unveiled at last year's NIO Day event on December 24 and began allowing consumers to lock in their orders on April 6.

Deliveries of custom vehicles for the EC7 will begin in mid-May, NIO said on April 6.

Wait time for the ET7 is back on display and currently stand at about 4 weeks. On March 13, the NIO App stopped displaying expected delivery times for the ET7.

On April 18, NIO launched the 2023 ET7 at the Shanghai auto show, and began accepting order lock-ins. Deliveries of the model are expected to begin in mid-May, Li said at the time.

The ET5 currently has a wait time of about 2 weeks, in line with the previous one.

In the first half of this year, NIO will introduce more new products to accelerate the pace from product launch to delivery, the company's management said in a call with analysts after announcing fourth-quarter earnings early last month.

The company will also begin deliveries of its fifth new model this year in July, which would be a month later than originally planned, Li said on the call.

NIO's supply chain and manufacturing teams were actively preparing for the new model switchover and production ramp-up to ensure capacity and supply meet the increased demand for new products, the company said at the time.

The company's main model delivered in the first quarter was the ET5, which is a lower-margin model, so the pressure on gross margin in the first quarter was relatively high, Li said.

NIO App sees major changes to vehicle configurator, here are latest model wait times-CnEVPost

(Vehicle configurator in the NIO App. Screenshot on April 21.)

Changes in wait times for NIO models

DateModelPrevChangeLatest
04/21/23ET7 (NT 2.0)NANAAbout 4 weeks
04/21/23EC7 (NT 2.0)Mid MayNAAbout 4 weeks
04/17/23ES7 (NT 2.0)About 2 weeks↑3-5 weeks
04/14/23ES6 (NT 1.0)About 2 weeksNAStop showing
04/10/23ET5 (NT 2.0)About 3 weeks↓About 2 weeks
04/10/23ES7 (NT 2.0)About 3 weeks↓About 2 weeks
03/28/23ET5 (NT 2.0)3-4 weeks↓About 3 weeks
03/28/23ES7 (NT 2.0)4-6 weeks↓About 3 weeks
03/14/23ET5 (NT 2.0)2-3 weeks↑3-4 weeks
03/14/23ES7 (NT 2.0)About 3 weeks↑4-6 weeks
03/13/23ET7 (NT 2.0)About 3 weeksNAStop showing
02/14/23ES7 (NT 2.0)3-4 weeks↓About 3 weeks
02/14/23ET7 (NT 2.0)3-4 weeks↓About 3 weeks
02/14/23ET5 (NT 2.0)About 3 weeks↓2-3 weeks
02/6/23ET5 (NT 2.0)3-4 weeks↓About 3 weeks
01/28/23ES7 (NT 2.0)2-3 weeks↑3-4 weeks
01/28/23ET7 (NT 2.0)2-3 weeks↑3-4 weeks
01/28/23ET5 (NT 2.0)7-9 weeks↓3-4 weeks
01/11/23ET5 (NT 2.0)8-10 weeks↓7-9 weeks
01/5/23ET5 (NT 2.0)9-11 weeks↓8-10 weeks
12/29/22ET5 (NT 2.0)10-12 weeks↓9-11 weeks
12/22/22ET5 (NT 2.0)12-14 weeks↓10-12 weeks
12/20/22ES7 (NT 2.0)4-6 weeks↓2-3 weeks
12/13/22ET5 (NT 2.0)13-15 weeks↓12-14 weeks
12/13/22ET7 (NT 2.0)About 2 weeks↑2-3 weeks
12/13/22EC6 (NT 1.0)About 2 weeksNAStop showing
12/2/22ET5 (NT 2.0)21-23 weeks↓13-15 weeks
11/25/22ES7 (NT 2.0)7-9 weeks↓4-6 weeks
11/25/22ET7 (NT 2.0)3-5 weeks↓About 2 weeks
11/23/22ES8 (NT 1.0)About 2 weeksNAStop showing
11/16/22ET7 (NT 2.0)4-6 weeks↓3-5 weeks
11/10/22ES8 (NT 1.0)2-3 weeks↓About 2 weeks
11/10/22ES6 (NT 1.0)2-3 weeks↓About 2 weeks
11/10/22EC6 (NT 1.0)2-3 weeks↓About 2 weeks
11/3/22ES7 (NT 2.0)11-13 weeks↓7-9 weeks
11/3/22ET7 (NT 2.0)6-8 weeks↓4-6 weeks
11/3/22ES8 (NT 1.0)2-4 weeks↓2-3 weeks
11/3/22ES6 (NT 1.0)2-4 weeks↓2-3 weeks
11/3/22EC6 (NT 1.0)2-4 weeks↓2-3 weeks
10/31/22ES7 (NT 2.0)12-14 weeks↓11-13 weeks
10/31/22ES8 (NT 1.0)3-5 weeks↓2-4 weeks
10/31/22ES6 (NT 1.0)3-5 weeks↓2-4 weeks
10/31/22EC6 (NT 1.0)3-5 weeks↓2-4 weeks
10/21/22ES7 (NT 2.0)13-15 weeks↓12-14 weeks
10/21/22ET7 (NT 2.0)11-13 weeks↓6-8 weeks
10/21/22ET5 (NT 2.0)21-23 weeksNAStop showing
10/21/22ES8 (NT 1.0)4-6 weeks↓3-5 weeks
10/21/22ES6 (NT 1.0)4-6 weeks↓3-5 weeks
10/21/22EC6 (NT 1.0)4-6 weeks↓3-5 weeks

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NIO supplier Innovusion partners with Fuyao to put LiDAR behind windshield

Innovusion and Fuyao have begun joint research that has resulted in LiDAR integration behind the front windshield with less than 10 percent attenuation of detection performance.

(Image credit: CnEVPost)

The roof LiDAR setup has been complained by some to affect the aesthetics of the vehicle design. Now, local Chinese LiDAR manufacturers are working to put the component inside the vehicle.

NIO's LiDAR supplier Innovusion has partnered with local auto glass giant Fuyao Group to create LiDARs that can be mounted behind the front windshield, according to a press release yesterday.

There are currently two main mounting options for LiDAR, mounting it on top of the car like NIO's models, or placing the part next to the headlights as does.

Mounting LiDAR behind the front windshield, which does not affect the vehicle's exterior design and makes LiDAR less susceptible to the external environment, becomes one of the best options, Innovusion said.

However, the solution faces a number of technical challenges, including detection signal attenuation, noise from the LiDAR motor, and heat dissipation problems.

(Image credit: Innovusion)

Through its innovation, Fuyao has been able to optimize the LiDAR's waveband transmittance, Innovusion said.

The initial collaboration between the two will be based on Innovusion's Robin-E, which has dimensions of 117 mm * 100 mm * 44 mm, a total weight of about 450 grams, less than 9 W of power consumption and less than 20 dB(A) of noise.

The two companies have started joint research and development and have already achieved LiDAR integration with the camera behind the front windshield, with detection performance attenuation of less than 10 percent, Innovusion said.

Founded in 2016, Innovusion has R&D centers in Silicon Valley, Suzhou and Shanghai, and LiDAR manufacturing sites in Ningbo and Suzhou.

On March 28, 2022, NIO delivered the first ET7 vehicles, marking the mass production of Innovusion's Falcon LiDAR product. ET7 and other newer NIO models are equipped with Innovusion's image-grade, ultra-long-range LiDAR Falcon.

Prior to Innovusion, Hesai (NASDAQ: HSAI) announced on April 14 a new LiDAR called the ET25, which it says is an in-cockpit LiDAR designed to be placed behind the front windshield.

The ET25 is an ultra-thin, long-range LiDAR, with the "ET" standing for Extremely Thin and the "25" referring to its height of just 25 mm.

Hesai unveils ultra-thin LiDAR ET25 that can be placed behind windshield

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NIO upgrades Power Up Plan to Power Journeys, ramping up efforts in charging network

NIO will add an additional 20 charging routes under the Power Journeys plan this year, after having completed 52 routes.

NIO upgrades Power Up Plan to Power Journeys, ramping up efforts in charging network-CnEVPost

(Image credit: CnEVPost)

NIO (NYSE: NIO) has upgraded a program designed to improve the travel experience for electric vehicle owners, after opening dozens of destination charging routes over the past three years.

The electric vehicle (EV) maker announced on the first day of the Shanghai auto show on April 18 that it is upgrading its Power Up Plan to Power Journeys and will continue its push to build out charging facilities.

With NIO's plan to add 1,000 battery swap stations and 10,000 charging piles this year, Power Journeys will meet the charging demand of more customers, said William Li, the company's founder, chairman and CEO, in a brief release.

NIO will add an additional 20 charging routes under the Power Journeys plan this year, covering areas including the Silk Road, southeastern Guizhou and the Xilin Gol grasslands.

NIO announced the Power Up Plan during the Beijing auto show in September 2020, with the aim of deploying destination DC charging piles in popular travel, leisure and business destinations to form a nationwide charging network.

According to the plan, NIO's ultimate goal is to deploy more than 30,000 destination charging piles in China.

To achieve this goal, NIO previously said it would provide a total of RMB 100 million in construction and operation subsidies to all partners who are willing to share resources and waive service fees for NIO users, with an average subsidy of RMB 1,000 per charging post per year for three years.

Up to now, NIO has completed 52 destination charging routes.

The routes are popular with users and have validated NIO's thinking, Li said, adding that the company has decided to deploy more charging and battery swap facilities next in places with poor infrastructure.

Li said NIO wants Power Journeys to meet users' needs for energy replenishment, so that where gasoline cars can go electric vehicles can go, too.

For NIO, ramping up infrastructure is one of its key tools to enhance the appeal of its vehicles, with deliveries of its NT 2.0 platform-based models all set to begin in the coming months.

Up to 70 percent of NIO owners are in China's first- and second-tier cities, and for the less developed third- and fourth-tier cities, the company is looking to expand with battery swap stations rather than showrooms that include NIO Houses as well as NIO Spaces, its co-founder and president Qin Lihong said last month.

NIO keeps goal of doubling sales this year despite price war causing greater challenges

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Insurance registrations for week ending Apr 16: Tesla 12,500, Li Auto 6,300, NIO 700

NIO's weak performance may be because it is on the eve of multiple product switches, as it will begin deliveries of the new ET7, new ES6, EC7 in May and will begin deliveries of the new ES8 in June.

(NASDAQ: TSLA) and (NASDAQ: LI) kept sales strong last week, while NIO (NYSE: NIO) was weak, the latest data show.

Li Auto sold 6,300 units in the week of April 10 to April 16, far outpacing China's other new car-making brands, the automaker said in an April 19 post to its WeChat account.

Li Auto didn't say what the sales figure was based on, but it was apparently insurance registrations. Previously, we had access to the data every Tuesday, and Li Auto's practice was to share some of it on Wednesdays.

The main source that provides data on auto insurance registrations in China stopped sharing that data this month, but Li Auto continues to share some of it.

Tesla sold 12,500 units last week, according to the data table shared by Li Auto. Tesla's sales in the previous week were 6,973, according to data previously shared by Li Auto.

NIO sold about 700 units last week, according to the data. The electric vehicle maker sold 1,316 units in the previous week.

NIO's weak performance may be because it is on the eve of multiple product switches. It launched the new ET7 and unveiled the new ES6 on the first day of the Shanghai auto show on April 18, with deliveries both set to begin in May.

In addition to the new ET7 and the new ES6, NIO will also start delivering the EC7 coupe SUV in May and will start delivering the new ES8 in June, according to plans it previously annouced.

sold 1,300 units last week, up from 904 units the week before, according to data shared by Li Auto. XPeng unveiled the new SUV G6 on the first day of the Shanghai auto show on April 18, but pricing information is unknown.

sold 1,600 units last week, up from 1,476 the week before. Leapmotor sold 1,700 units last week, up from 1,157 the week before. Neta sold 1,800 units last week, up from 1,526 the week before.

Among premium brands, BMW sold 14,500 cars last week including internal combustion engine vehicles as well as NEVs, Mercedes-Benz 13,400 and Audi 12,600, according to data shared by Li Auto.

Separately, retail sales of NEVs in China from April 1-16 were 223,000 units, up 89 percent year-on-year and up 13 percent from the same period last month, according to data released yesterday by the China Passenger Car Association (CPCA).

Considering that NEV retail sales were 91,000 from April 1 to April 9, this means that during the week of April 10 to April 16, NEV retail sales in China were 132,000 units, up 45 percent from the previous week.

From April 10-16, retail sales of all passenger vehicles in China were 335,328 units, up 80 percent year-on-year and up 23 percent from the same period last month, according to the CPCA.

Insurance registrations for week ending Apr 9: Tesla 6,973, Li Auto 4,177, NIO 1,316

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NIO launches new ET7, unveils new ES6 at Shanghai auto show

The 2023 ET7 is already taking order lock-ins, with deliveries to start in mid-May. The new ES6 is now available for pre-order, but the official launch and delivery will be in late May.  |  NIO US | NIO HK | NIO SG

NIO (NYSE: NIO) today officially launched the 2023 model year ET7 sedan and gave the debut of the revamped ES6 SUV as planned.

The 2023 ET7 is now available for pre-order and order lock-ins, with deliveries to begin in mid-May, William Li, founder, chairman and CEO of NIO, announced today on the first day of the Shanghai auto show.

The new ES6 is also available for pre-order, but the official launch will be in late May.

New ET7

NIO launches new ET7, unveils new ES6 at Shanghai auto show-CnEVPost

(Image credit: CnEVPost)

The ET7 is NIO's flagship sedan, originally launched at the NIO Day 2020 event on January 9, 2021, with deliveries beginning on March 28, 2022.

The 2023 ET7 brings more than 15 updates and upgrades, including improved seats and a 40w wireless charging panel for cell phones, but at the same prices.

With a more comfortable ride, more refined interior and a smarter experience, the improved ET7 continues to lead the direction of change for premium smart electric mid to large size sedans, said Li.

Including the battery, the new ET7 starts at RMB 458,000 ($66,600) for the version with the 75-kWh pack and RMB 516,000 for the version with the 100-kWh long-range pack.

If customers choose the BaaS (battery as a service) option, both models start at RMB 388,000, with monthly battery rental costs of RMB 980 and RMB 1,680 respectively.

In addition to these two versions, the new ET7 is also available in a signature edition with a 100-kWh battery pack for a starting price of RMB 536,000 including the battery. The model starts at RMB 408,000 under the BaaS plan, with a monthly battery rental fee of RMB 1,680.

NIO launches new ET7, unveils new ES6 at Shanghai auto show-CnEVPost

NIO is offering a 10-year unlimited mileage warranty, four free battery swaps per month, and free lifetime internet connectivity for 2023 ET7 customers.

Customers who pay a deposit for the ET7 before June will receive a free home charger worth RMB 7,500. If they choose to forgo the home charger, they can 2 more free battery swap services per month.

Customers who order before June will also receive two years of free NOP (Navigate on Pilot) Plus worth RMB 9,120.

The formal version of NOP+ will be available in subscription mode starting July 1 for RMB 380 per month.

NIO's intelligent driving software NAD (NIO Autonomous Driving) will also be available on a monthly subscription basis for RMB 680 per month. There is no clear timeline for the software's availability.

New ES6

NIO launches new ET7, unveils new ES6 at Shanghai auto show-CnEVPost

(Image credit: CnEVPost)

The new ES6 made its debut today at the Shanghai auto show. NIO did not announce the exact specifications or prices of the SUV, and its official launch will be in late May.

Nonetheless, NIO has begun allowing customers to pay a RMB 5,000 deposit to reserve the model, which Li said will move quickly from official launch to delivery.

Customers who purchase the model by July 31 will receive benefits including a Moon theme package with orange calipers worth RMB 8,000 and NOP + two years free access worth RMB 9,120.

First-time owners of the new ES6 will also receive a 10-year unlimited mileage warranty, up to six free battery swaps per month and free internet access.

Deliveries of the new ES6 are expected to begin in late May, roughly in the order of order lock-in and reservation payment, according to an article in the NIO App. This means that deliveries of the ES6 are expected to begin the month of its official launch.

The show cars of the new ES6 and the vehicles used for test drives are expected to be available in NIO stores in May.

NIO launches new ET7, unveils new ES6 at Shanghai auto show-CnEVPost

(Image credit: CnEVPost)

($1 = RMB 6.8768)

NIO keeps goal of doubling sales this year despite price war causing greater challenges

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