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NIO launches ET5 Touring and EL6 in Europe, deliveries to start in Q4

The ET5 Touring and EL6 are priced higher in Europe than in China due to factors including transportation costs, local taxes and operating costs.

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Hours after the ET5 Touring was launched in China, NIO (NYSE: NIO) rolled out the model, as well as the EL6, known in China as the new ES6, in Europe.

Both models will be available in Germany, the Netherlands, Sweden, Denmark and Norway, and deliveries will both begin in the fourth quarter.

Including the battery, the ET5 Touring starts at 59,500 euros ($65,130) in Germany for the 75-kWh standard range version and 68,500 euros for the 100-kWh long-range version.

For reference, both versions of the ET5 Touring start at the same prices in China as the regular ET5, RMB 298,000 ($41,820) and RMB 356,000 respectively.

In the Netherlands, the starting price for the 75-kWh ET5 Touring is €63,900 ($69,930) and the 100-kWh version is €72,900.

They cost 706,000 SEK ($66,560) and 816,000 SEK in Sweden, 517,000 DKK ($75,950) and 637,000 DKK in Denmark, and 532,869 NOK ($50,740) and 620,619 NOK in Norway, respectively.

NIO ET5 Touring Price with Battery in Europe

NIO ET5GermanyNetherlandsSwedenDenmarkNorway
75-kWh59,500 EUR63,900 EUR706,000 SEK517,000 DKK532,869 NOK
100-kWh68,500 EUR72,900 EUR816,000 SEK637,000 DKK620,619 NOK

For the EL6, including the battery, the 75-kWh starts at €65,500 in Germany and €74,500 for the 100-kWh version. Because of the lawsuit with Audi, NIO's ES series models have been rebranded as the EL series in Europe.

The EL6 starts at €67,900 and €76,900 in the Netherlands, SEK 769,900 and SEK 879,000 in Sweden, DKK 547,000 and DKK 667,000 in Denmark, and NOK 595,016 and NOK 682,766 in Norway, respectively.

Including the battery, the starting price of the new 75-kWh ES6 in China is RMB 338,000, and RMB 396,000 for the 100-kWh version.

NIO EL6 Price with Battery in Europe

NlO EL6GermanyNetherlandsSwedenDenmarkNorway
75-kWh65,500 EUR67,900 EUR769,000 SEK547,000 DKK595,016 NOK
100-kWh74,500 EUR76,900 EUR879,000 SEK667,000 DKK682,766 NOK

NIO has previously said that the base prices of its models are essentially the same globally, with the difference being that they take into account factors including transportation costs, local taxes and operating costs in different regions.

If consumers choose to purchase the ET5 Touring or EL6 using the BaaS (battery as a service) model, the starting price in Germany is €12,000 lower for the 75-kWh version and €21,000 lower for the 100-kWh version.

It is worth noting that NIO's battery swap stations in Europe are only available to owners of vehicles purchased using the BaaS model. In China, these stations are available to all NIO consumers whether they purchase a model with batteries included or based on the BaaS model.

In addition to the purchase option, NIO also offers a subscription option in Europe. In Germany, for the EL6, if consumers choose a fixed-term subscription of 36 months, the monthly price is €1,179 for the 75-kWh version and €1,309 for the 100-kWh version.

($1 = RMB 7.1264, $1 = EUR 0.9136)

NIO launches ET5 Touring with same pricing as regular ET5

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NIO launches ET5 Touring with same pricing as regular ET5

Pricing for the ET5 Touring is identical to the regular ET5, with a starting price in China of RMB 298,000 including the battery, and deliveries will begin on June 16.

(Image credit: CnEVPost)

(NYSE: NIO) has officially launched its highly anticipated new model, the ET5 Touring, and its price in China is a surprise.

The company launched the model today in an online launch event for consumers in China, Germany, Denmark, the Netherlands, Norway and Sweden. Deliveries in China will officially begin tomorrow, while delivery dates in Europe have not yet been announced.

The ET5 Touring launch was different from all previous NIO model launches in that it was the first product launch led by the European team and appears to be the shortest new model launch in its history.

NIO gave a brief overview of the ET5 Touring's exterior, interior and driving experience at this roughly 40-minute launch event, but didn't explain much more about its technical specifications.

This is understandable, after all, NIO's models come standard with dual motors and the same smart driving hardware, and it seems redundant to introduce them again.

Pricing for the ET5 Touring is identical to the regular ET5, starting at RMB 298,000 ($41,620) in China, including the battery.

This is surprising, as the model was previously generally seen as being RMB 10,000 to 20,000 more expensive than the regular ET5.

On June 12, NIO lowered the starting prices for all models by RMB 30,000 and made the battery swap service, which was previously free several times a month, a paid option.

The ET5 Touring is the first model released after NIO implemented the new pricing system, and the entry version comes with a 75-kWh battery pack. Its long-range version comes with a 100-kWh battery pack and starts at RMB 356,000 with the battery included.

Chinese consumers who choose to purchase the model using the BaaS (battery as a service) service will see the prices start at RMB 228,000 for both versions, with monthly battery rental costs of RMB 980 and RMB 1,680 respectively.

NIO ET5 Touring prices in China

VersionStarting Price with BatteryStarting Price under BaaSBaaS Monthly Battery Rental
75-kWh¥298,000¥228,000¥980
100-kWh¥356,000¥228,000¥1,680

NIO's advanced driver assistance systems NOP (Navigate on Pilot) Plus and NAD (NIO Autonomous Driving) are both subscription-based, priced at RMB 380 and RMB 680 per month respectively.

NIO began allowing consumers to lock in their orders for the ET5 Touring after the launch, and show cars and vehicles for test drives are already available at NIO's showrooms in China.

Chinese consumers who order the model now will receive 1 year of free use of NOP+ worth RMB 4,560.

Consumers who order the ET5 Touring on and before July 31 will receive a discount on options worth RMB 5,000.

NIO has started production of the ET5 Touring based on the designer's recommended configuration combinations, and its delivery will officially begin on June 16.

On June 11, CnEVPost experienced the ET5 Touring at a NIO House in Shanghai Pudong New Area, and found that it improved the most criticized areas on the regular ET5, except for the larger trunk space.

For the regular ET5, many owners complained about the high seating position in the driver's seat, which may have been a deterrent for some potential consumers to choose the model.

CnEVPost experienced the ET5 Touring and the regular ET5 at the NIO House and found that the driver's seat of the former can be adjusted significantly lower.

NIO currently offers the following benefits to the first owner of the ET5 Touring:

6-year or 150,000 km vehicle warranty. 10-year unlimited mileage warranty for battery, motor and electric control systems;

6 years free internet connectivity with 8GB of monthly traffic;

Lifetime free roadside assistance.

Consumers who order the model before July 31 can pay RMB 30,000 to receive the upgraded benefits package, which includes:

Free lifetime battery swap service, 4 times per month;

10-year unlimited mileage vehicle warranty

Free lifetime internet connectivity with 8GB of traffic per month;

Lifetime free roadside assistance.

In China, the NIO ET5 Touring's main competitor will be 's Zeekr 001, which is currently offered in four versions with starting prices of RMB 300,000, RMB 300,000, RMB 349,000 and RMB 386,000 respectively.

Zeekr delivered 8,678 vehicles in May, including the Zeekr 001 and the Zeekr 009 MPV. It did not release a breakdown of deliveries.

On June 12, Zeekr began deliveries of its third model, the Zeekr X, which starts at RMB 189,800.

($1 = RMB 7.1606)

Store visit: First impression of NIO ET5 Touring before official launch

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NIO ET5 Touring launch: Live updates

(Image credit: CnEVPost)

(NYSE: NIO) will officially launch the ET5 Touring today, with its launch event starting at 19:00 Beijing time, and CnEVPost will be updating the event's main content in real-time in this post.

Here is what is already known:

NIO starts accepting consumer reservations for the ET5 Touring in China on June 10, and its first deliveries will start tomorrow June 16.

NIO will hold the European launch of the model on June 16 at 1:00 am Beijing time (June 15 at 1:00 pm US Eastern time).

The ET5 Touring measures 4,790 mm in length, 1,960 mm in width and 1,499 mm in height, and has a wheelbase of 2,888 mm, in line with the regular ET5 sedan, a previous regulatory filing show.

It is equipped with dual motors with a maximum power of 150 kW and 210 kW, respectively, and can support a top speed of 200 km/h.

Its battery suppliers include CALB, in addition to .

Below are the main contents of the NIO ET5 Touring launch event, with the latest at the top.

Including the battery, the starting price of the NIO ET5 Touring in China is RMB 298,000 ($41,620), which is the same as the starting price of the regular ET5.

NIO ET5 Touring will be available in China, Germany, Denmark, Netherlands, Norway and Sweden.

The NIO China team began participating in the launch.

The ET5 Touring with a 100-kWh long-range battery pack has a WLTP range of up to 560 km.

The ET5 Touring is available in 10 exterior colors.

The ET5 Touring launch event began with the NIO Europe team introducing the model at the NIO House in Frankfurt.

This is the first time that NIO starts the launch of a new model with an international team presentation.

Store visit: First impression of NIO ET5 Touring before official launch

The post NIO ET5 Touring launch: Live updates appeared first on CnEVPost.

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