Nio management has confirmed that deliveries of the new ET5 model have already begun. It competes with the Tesla Model 3 and BMW 3. Previously, Qin Lihong, co-founder and president of Nio, said that within a year, the ET5 will outsell the fuel version of the BMW 3 Series, and the ET5 will eventually replace similar traditional “fuel cars.”
This car was introduced in December last year, it has a sporty design. The car is priced at $51,000 with a 75 kWh battery and $60,000 with a 100 kWh battery.
The Nio T5 is equipped with a permanent magnet synchronous front motor and asynchronous rear motor with a maximum total power output of 360 kW, peak torque of 700 Nm and acceleration from 0 to 100 km/h in 4.3 seconds. The basic version has a range of more than 700 km, while the older version offers a range of more than 1,000 km. Vehicle dimensions – 4790 x 1960 x 1499 mm, wheelbase is 2888 mm. The speaker system supports 7.1.4 sound format, has 23 speakers and supports Dolby Atmos technology.
Nio shipped 10,878 new vehicles in September 2022, according to Nio’s official figures. In the third quarter, Nio delivered 31,607 new vehicles, up 29.3% from last year. This quarter was a record quarter in the history of the company.
From January to September 2022, Nio shipped 82,434 new vehicles, up 24.2% from last year. So far, Nio has delivered a total of 249,504 new vehicles to customers.