The 2024 ET7 will be officially launched and the updated ES7 will make its debut at the Beijing auto show, with deliveries of both models set to begin on April 30.
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Wait times for the ET5 have been shortened from 7-8 weeks to 4-5 weeks, and for the ES7 from 7-8 weeks to 6-7 weeks.
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The ES7 is the third most expensive of Nio's models currently in delivery, with a starting price of RMB 438,000.
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It's time for Nio to kill the ES7. The ES7 offers little more than the best-selling ES6 and buyers have noticed leading to poor sales.
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Nio announces pre-orders for its 2024 models, featuring the Snapdragon 8295 chip, enhancing computing power and user experience, with unchanged prices.
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Wait times for both the ES7 SUV and ET7 sedan have turned into 5-6 weeks today, compared to 4-5 weeks for both of them previously.
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The Nio ET5 and ES7 -- known as the EL7 in Europe -- both earned the highest five-star rating in the latest Euro NCAP safety tests, following the ET7 sedan.
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Nio had sales of 4,100 units last week, up 28.13 percent from 3,200 units the week before.
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Nio's (NYSE: NIO) new ES6 has a slightly longer wait time in China, while the three other models are slightly shorter.
Customers locking in orders for the Nio ES6 are now expected to get deliveries in 3-6 weeks, slightly higher than the previous 3-4 weeks, information from the Nio App monitored by CnEVPost shows.
Nio officially launched the new ES6, its lowest-priced SUV, in China on May 24, with a current starting price of RMB 338,000 ($46,800), and its deliveries began on the night of the launch.
The last change in the Nio ES6 wait time was on June 26, when it went from about 5 weeks to 3-4 weeks.
Wait times for both the Nio ES7 SUV as well as the ET7 sedan both changed to 6-7 weeks today, slightly lower than the previous 6-8 weeks.
Nio launched the ES7 on June 15, 2022, with the first delivery on August 28, 2022.
The ES7 is Nio's second model based on the NT 2.0 platform after the ET7 sedan, and the first SUV on this second-generation platform, with a starting price of RMB 438,000 including battery.
Originally launched at the Nio Day 2020 event on January 9, 2021, the Nio ET7 is the company's first sedan, with deliveries beginning on March 28, 2022.
On the first day of the Shanghai auto show on April 18, Nio launched the 2023 ET7, with prices currently starting at RMB 428,000. Deliveries of the new ET7 began on May 19.
On June 26, the wait time for both the ES7 and ET7 went from about 3 weeks to 6-8 weeks.
The latest wait time for the ET5 Touring is about 3 weeks, slightly lower than the previous 3-4 weeks.
Nio officially launched the ET5 Touring in China on June 15 with the same price as the regular ET5, starting at RMB 298,000.
ET5 Touring deliveries in China started on June 15.
Nio delivered 10,707 vehicles in June, up 73.96 percent from 6,155 in May, although down 17.39 percent from 12,961 in the same month last year, according to figures it announced on July 1.
Last week -- June 26 to July 2 -- Nio sold 4,100 units, up 28.13 percent from 3,200 units the week before, according to data shared by Li Auto (NASDAQ: LI) yesterday.
($1 = RMB 7.2218)
Data table: Latest wait times for Nio models after Jul 5 changes
(Screenshots on July 5, 2023)
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Wait times for both the Nio ES7 and ET7 have gone from about 3 weeks to 6-8 weeks, and for the ES6 from about 5 weeks to 3-4 weeks.
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Nio's (NYSE: NIO) two more expensive models have longer wait times in China, while the new ES6 has a slightly shorter wait time.
Consumers locking in orders for the Nio ES7 now are expected to get deliveries in 6-8 weeks, up from about 3 weeks previously, the latest information from the Nio App monitored by CnEVPost shows.
Nio launched the ES7 on June 15, 2022, with the first delivery on August 28, 2022.
The ES7 is Nio's second model based on the NT 2.0 platform after the ET7 sedan, and the first SUV on the second-generation platform, with a starting price of RMB 438,000 ($61,000) including the battery.
The wait time for the Nio ET7 in China has also gone from about 3 weeks to 6-8 weeks today.
The Nio ET7 was originally launched at the Nio Day 2020 event on January 9, 2021, the company's first sedan, with deliveries beginning on March 28, 2022.
On the first day of the Shanghai auto show on April 18, Nio launched the 2023 ET7 with prices starting at RMB 428,000, the same as the previous version. Deliveries of the new ET7 begin on May 19.
While the wait times for Nio ES7 and ET7 have become longer, the wait time for the new ES6 has been reduced to 3-4 weeks today from about 5 weeks previously.
Nio officially launched the new ES6 on May 24, and deliveries started that night. The model is Nio's cheapest SUV, with a starting price of RMB 338,000.
The electric vehicle maker announced on June 24 that deliveries of the new ES8 will begin on June 28. The Nio App currently shows the wait time for the model is still June.
The new ES8 was launched on Nio Day 2022, December 24, 2022, and is Nio's transition to the NT 2.0 platform for its first production vehicle.
The Nio EC7 currently has a wait time of about 4 weeks, the same as before. The wait times for the ET5 and ET5 Touring are also unchanged at about 3 weeks and 3-4 weeks respectively.
Data table: Latest wait times for NIO models after Jun 26 changes
($1 = RMB 7.1795)
(Screenshots on June 26, 2023)
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Wait times for the NIO ES7 have gone from 3-4 weeks to about 3 weeks, the EC7 from about 5 weeks to about 4 weeks and the ET7 from 3-4 weeks to about 3 weeks.
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NIO's (NYSE: NIO) three 7-series models have slightly shorter wait times in China, after the electric vehicle maker lowered prices on its entire lineup yesterday.
The latest wait time for the NIO ES7 SUV is about 3 weeks, slightly lower than the previous 3-4 weeks, the latest check of the NIO App by CnEVPost today shows.
NIO launched the ES7 on June 15, 2022, the company's second model based on the NT 2.0 platform after the ET7 sedan, and the first SUV on the second-generation platform. The first delivery of the NIO ES7 was on August 28, 2022.
The model's last wait time change was on June 5, when it went from about 3 weeks to 3-4 weeks.
The latest wait time for the NIO EC7 coupe SUV is about 4 weeks, compared to about 5 weeks previously.
The EC7 was launched on NIO Day 2022, December 24, 2022, with the first delivery on April 28 of this year.
The model's last wait time change was on June 1, when it went from 5-7 weeks to about 5 weeks.
The latest wait time for the NIO ET7 is around 3 weeks, down from the previous 3-4 weeks.
On the first day of the Shanghai auto show on April 18, NIO launched the 2023 ET7 at the same price as the previous version. Deliveries of the new ET7 began on May 19.
The last change in ET7 waiting time was on June 5, when it went from about 3 weeks to 3-4 weeks.
Wait times for other NIO models remain unchanged today, with the expected delivery date for the new ES8 still showing June, the new ES6 at around 5 weeks and the ET5 at around 3 weeks.
NIO yesterday lowered the starting prices for all models by RMB 30,000 ($4,200) and made the previously free battery swap benefit a paid option.
($1 = RMB 7.1456)
Data table: Latest wait times for NIO models after Jun 13 changes
(Screenshots on June 13.)
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