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Nio announced that the first batch of user deliveries of the ET5 electric vehicle will start in Germany, Norway, the Netherlands and Sweden, and the ET5 European tour will begin.

Depending on the length of the subscription, European users can choose to rent a 75kWh battery pack at a price ranging from 1,199 euros (currently about 8,981 RMB) to 1,295 euros (currently about 9,700 RMB) per month. For NIO ET7, EL7 (ES7) and ET5 cars, the minimum subscription period is one month.

Complete vehicle buyout service:

  • ET7 75kWh battery version is 81,900 Euros (Currently about 613,000 RMB)
  • The ET7 100kWh battery version is 90,900 euros (currently about 681,000 RMB)
  • EL7 75kWh battery version is 85,900 Euros (Currently about 643,000 RMB)
  • EL7 100kWh battery version is 94,900 Euros (Currently about 711,000 RMB)
  • ET5 75kWh battery version is 61,900 Euros (Currently about 464,000 RMB)
  • The ET5 100kWh battery version is 70,900 euros (currently about 531,000 RMB)

BaaS battery rental service:

  • The starting price of ET7 is 69,900 euros (the current price is about 524,000 RMB)
  • The starting price of EL7 is 73,900 euros (the current price is about 554,000 RMB)
  • The starting price of ET5 is 49,900 euros (the current price is about 374,000 RMB)
  • The monthly rent for a 75 kWh battery is 169 Euros (Currently about 1266 RMB)
  • The monthly rent for a 100 kWh battery is 289 euros (currently about 2165 RMB)

In terms of performance, NIO claims that dual motors are the standard for high-end smart electric vehicles. The ET5 uses a dual motor intelligent four-wheel drive system with a maximum power of 360 kilowatts and a peak torque of 700 Nm. It can accelerate from 100 kilometers in 4.3 seconds and has the longest battery life of over 1,000 kilometers. The front and rear five-link suspension of the ET5 car has an axle-to-load ratio of 50:50. The length, width, and height of the vehicle body are 4790, 1960, and 1499 mm respectively, and the wheelbase reaches 2888 mm.

In March 2023, Nio will deliver 10,378 new cars, a year-on-year increase of 3.9%, including 3,203 high-end smart electric SUVs and 7,175 high-end smart electric cars. In the first quarter of 2023, Nio delivered a total of 31,041 new cars, a year-on-year increase of 20.5%; so far, Nio has delivered a total of 320,597 new cars.

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James Lopez
James Lopezhttps://www.techgoing.com
James Lopez joined Techgoing as Senior News Editor in 2022. He's been a tech blogger since before the word was invented, and will never log off.

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