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Home » Nio


FACTBOX: DETAILED PRICES OF NIO MODELS IN 2024

Phate Zhang
Jan 2, 2024 14:09 GMT+8

> CnEVPost has recorded detailed price information for each Nio model available
> in January 2024 in this article.



(Image credit: CnEVPost)

In China's electric vehicle (EV) industry, monthly deliveries, and even weekly
sales, have become closely tracked by many.

At the same time, the positioning of EV makers, or information on the selling
prices of their models, is usually easily forgotten.

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In this article, CnEVPost wants to show detailed pricing for Nio (NYSE: NIO)
models in January 2024 in a table.

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Nio allows customers to purchase vehicles that include a battery pack, and also
offers a plan known as BaaS (battery as a service) to lower the barrier to
purchase.

The price under the BaaS plan does not include the battery, which lowers the
purchase price by at least RMB 70,000 ($9,820), but owners will need to pay RMB
980 or RMB 1,680 per month for a monthly battery lease, depending on the
capacity of the battery pack.

Since it's easy to upgrade a 70/75 kWh standard-range battery pack to a 100-kWh
long-range pack, for the vast majority of people, buying a long-range Nio model
won't be necessary.

William Li, Nio's founder, chairman, and CEO, said at the Nio Day event on
December 23, 2023, that by November 2023, about 95 percent of customers chose
the standard-range battery pack when purchasing a Nio vehicle, while only 5
percent chose the long-range option.

As a comparison, prior to the launch of the flexible battery upgrade program in
December 2021, about 50 percent of customers chose the standard-range battery
pack, with the other 50 percent opting for the long-range version.

Below is the detailed pricing information for Nio's models currently in
delivery, as produced by CnEVPost on January 2, 2024. The ET9, which has a
pre-sale starting price of RMB 800,000, is not included, as its deliveries will
not begin until the first quarter of 2025.




DETAILED PRICES OF NIO MODELS IN JAN 2024

Search:

ModelTypeBatteryCLTC Range (km)Full Price (RMB)Price on BaaSBaaS Battery Monthly
Fee ET5Sedan75-kWh560298,000 228,000 980 ET5Sedan100-kWh710356,000 228,000 1,680
ET5 TouringSedan75-kWh530298,000 228,000 980 ET5 TouringSedan100-kWh680356,000
228,000 1,680 ES6SUV75-kWh490338,000 268,000 980 ES6SUV100-kWh625396,000 268,000
1,680 EC6SUV75-kWh495358,000 288,000 980 EC6SUV100-kWh630416,000 288,000 1,680
ET7Sedan75-kWh530428,000 358,000 980 ET7Sedan100-kWh675486,000 358,000 1,680 ET7
Signature EditionSedan100-kWh675506,000 378,000 1,680

Showing 1 to 11 of 22 entries
PreviousNext


Prices in the table are in RMB, with the current exchange rate being 1 US dollar
equals 7.1247 RMB.

> Factbox: China's NEV purchase tax policy changes from Jan 1, here's how







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FactboxNio
18
1

Phate Zhang
Phate is the founder and main author of CnEVPost. He has been reporting since
2009, mainly on macroeconomics and capital markets. He started his career at
China Daily and Reuters. Contact via: phate@cnevpost.com.
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