In detail, all new cars delivered that month included 6,737 high-end smart electric SUVs and 5,129 high-end smart electric cars. Since March, NIO has begun delivering the 2024 ES8, ES6, EC7, EC6 and ET5T. The new cars are equipped with the 8295 chip and have enhanced configurations and performance. In addition, the 2024 ES7, ET7 and ET5 will also be delivered in the second quarter of this year.

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Due to the strong willingness of European users to buy out, Weilai announced today the purchase price of the three models of ET7 / EL7 / ET5 in the German market, and the delivery will begin in early 2023.

ET7

• The 75-degree version is 81,900 euros, about 601,000 RMB;
• The 100-degree version is 90,900 euros, about 667,000 RMB;

EL7 (ES7)

• The 75-degree version is 85,900 euros, about 630,000 RMB;
• The 100-degree version is 94,900 euros, about 697,000 RMB;

ET5

• The 75-degree version is 61,900 euros, about 454,000 RMB;
• The 100-degree version is 70,900 euros, about 520,000 RMB;

BaaS

• The starting price of ET7 is 69,900 Euros, about 513,000 RMB;
• The starting price of EL7 is 73,900 Euros, about 542,000 RMB;
• The starting price of ET5 is 49,900 Euros, about 366,000 RMB;
• 75-degree battery rental is 169 Euros/month, about 1,200 RMB;
• 100-degree battery rental is 289 Euros/month, about 2100 RMB.

Depending on the length of the subscription, European users can choose to rent a Weilai ET7 with a 75 gigawatt-hour battery pack at a price of 1,199 to 1,295 euros (about 8,801 to 9,505 RMB) per month. For EL7 (ES7) and ET5 cars, the minimum subscription period is one month.

Nio has previously allowed customers to rent batteries instead of buying them. Batteries are by far the most expensive component on an electric car. At the same time, instead of charging the car at home, NIO owners can drive the car to a battery replacement station and replace it with a new battery pack within minutes to save time.

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The new models of NIO, including ET7, ET5 and ES7, will also enter the European market, but it is worth noting that in the European market, ES7 has been renamed EL7. The reason for this is related to a previous Audi lawsuit.

In June, it was reported that Audi, which is owned by Volkswagen, filed a lawsuit in a Munich court alleging that NIO infringed Audi’s trademark rights.

Audi said NIO’s decision to name its two models ES6 and ES8 violated the trademark rights of Audi’s two models, the S6 and S8, and an Audi spokesman confirmed the lawsuit.

After the incident was exposed, netizens were not calm. After all, how to look at Audi’s lawsuit is somewhat unknown, but some people said that there is a high probability that Audi will also launch pure electric models of S6 and S8, and the prefix may use “ES”, so Just repeating with Nio, this can explain why Audi sued Nio.

Perhaps because of this, Nio ES7 changed its name to EL7 after entering the European market. After all, it is the home of others.

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The test drive is not open to all cities, as it is limited to a selected number of cities in China. Among the cities where this test ride will hold are Beijing, Shanghai, Guangzhou, Nanjing, Xi’an and Dongguan. The company also promises that it will add more cities to the test drive in the coming weeks. This addition will help the company reach out to its customers in those cities, saving them the stress of travelling down to cities where the test ride is currently available.

Read also: Nio also has its eyes on the smartphone industry and not just EVs.

For those hoping to engage in the test ride but do not have reservations, Nio promises that it will make provisions for them within the month. This vehicle, the Nio ES7, became official in the month of July and reservations have been ongoing. The first set of deliveries will kick off on August 28 to customers who made early reservations for this electric SUV. 

The Nio ES7 is available for purchase in three options, all of which retail above 450,000 Yuan before subsidies. All models pack a good battery size with the least capacity being 75kWh and retails for 468,000 Yuan before subsidies. The other two variants or models are the 100kWh battery pack and the Premier Edition. All three models come with the Nio Aquila for better autonomous driving. 

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