NIO Begins ET5 Sedan Deliveries In Europe, Starting With Four Major Markets

Chinese electric vehicle manufacturer, NIO Inc. NIO, has commenced deliveries of its ET5 sedan in Europe, four months after its launch in China.

As reported by Electrek, the electric sedan has started reaching customers in four different markets, including Germany. The ET5 was first unveiled in January 2021, boasting a commendable CLTC range of over 1,000 km (620 miles) and potential compatibility with solid-state batteries from WeLion.

Prior to European deliveries, NIO’s first validation prototypes were seen rolling off its assembly lines in China by the end of 2022. After local deliveries in 2023, the company expanded to European markets, including plans for Denmark.

The official launch of the ET5 in China was quickly followed by an announcement of imminent deliveries in Europe in Q4. NIO documented some of the first overseas deliveries on its social media channels.

See Also: Cathie Wood’s Ark Sold $21M Worth Of Tesla Shares Last Week As EV Maker Prepares To Report Q3 Results

As per NIO’s social media updates, the ET5 deliveries have officially started in Europe, initiated with launch ceremonies in Germany, Sweden, the Netherlands, and Norway. However, NIO hasn’t disclosed the exact delivery count yet.

According to CnEVPost, since June 16, NIO has delivered 11,677 ET5 units in China. This figure is set to rise as the sedan continues to gain popularity and reach new customers overseas.

The ET5 is priced differently in each European market, with the base price in Germany starting from 59,500 euros ($62,800) for the 75 kWh version, and 68,500 euros ($72,330) for the long-range 100 kWh version. German customers can also opt for the cost-effective, battery-as-a-service (BaaS) version where they lease the battery pack and utilize local swap stations.

With the introduction of the ET5, NIO now offers five EV models in Europe and continues its market expansion.

Read Next: Elon Musk Laughs As Tesla Investor Admires ‘Cute Couple’ Rivian R1T And Cybertruck: ‘Very Obvious Which One Is The Man’

Photo by Andy Feng on Shutterstock


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