The models ahead of the ET5 are all from German luxury automakers Mercedes-Benz, BMW and Audi. | NIO US | NIO HK | NIO SG
The ET5, which has been the main seller for NIO (NYSE: NIO) in recent months, saw its position unchanged in a premium sedan ranking last month.
With 6,437 retail sales in March, the ET5 ranked No. 7 in China for premium sedan sales starting at more than 300,000 yuan ($43,560), according to a list released today by the China Passenger Car Association (CPCA).
The ranking is the same as in February, when the ET5 sold 6,471 units at retail, as previously reported by CnEVPost.
The ET5 is the least expensive of the NIO product array, with a starting price of RMB 328,000. Deliveries of the model begin on September 30, 2022.
NIO delivered 10,378 vehicles in March, including 3,203 SUVs, and 7,175 sedans, according to figures the company announced on April 1.
Considering that NIO's sedans are only ET7 and ET5, this means that ET7 delivered 738 units in March.
The ET7 delivered 649 units in February. Earlier today, NIO announced that in addition to the new ES6, it will launch the 2023 ET7 on the first day of the Shanghai auto show on April 18.
Except for the ET5, none of the other models in the premium sedan sales ranking are battery-electric vehicles. The models with higher sales than the ET5 are all from German luxury car companies Mercedes-Benz, BMW and Audi.
The Audi A6L topped the list, with 15,614 retail sales in March, while the Mercedes-Benz C-Class ranked second with 14,145 units and the BMW 3 Series third with 13,924 units.
In January-March, the NIO ET5 ranked seventh with 18,703 units sold at retail. The model was No. 6 on the January-February list with 12,266 units sold.
The Mercedes-Benz E-Class was the best-selling premium sedan in China in the first three months with 40,261 units sold. The Audi A6L ranked second with 40,246 units. The BMW 3 Series ranked 3rd with 37,151 units.
As in March, the premium sedans that sold more than the ET5 in January-March were all from German luxury car companies.
($1 = RMB 6.8878)
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