It would be the first EU country where ET5 will be launched. First batch of ET5 also arrived in Norway this week.
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NIO delivered 12,157 vehicles in February, including 6,471 ET5s, 649 ET7s and 2,848 ES6s.
(From left to right: EC7, EC6, ET7, ET5. Screenshot on March 14.)
NIO (NYSE: NIO) has seen slightly longer wait times for two of its models in China, the first time since late January that such a change has occurred.
The company's current main seller, the ET5 electric sedan, now has an expected delivery date of 3-4 weeks, up 1 week from the previous 2-3 weeks, information from the NIO App monitored by CnEVPost shows.
The NIO ES7 SUV currently has an expected delivery date of 4-6 weeks, up from about 3 weeks previously.
The NIO App is currently showing 8 models, including the old ES8, ES6 and EC6 based on the NT 1.0 platform, and the all-new ES8, ES7, EC7, ET7 and ET5 based on the NT 2.0 platform.
The EC7 and the new ES8 were launched at NIO Day 2022 held on December 24, 2022, and deliveries are set to begin in May and June, respectively.
The wait time information is unchanged today for all models except for the ES7 and ET5.
(From left to right: All-new ES8, old ES8, ES7, ES6. Screenshot on March 14.)
Yesterday, the NIO App stopped showing the expected delivery time for the ET7. There have been recent rumors that NIO may release a revamped version of its flagship sedan.
The longer wait time for vehicles could be due to increased consumer demand compared to previously, or a lack of parts availability. There is no way to tell exactly why the wait times for the NIO ES7 and ET5 have become longer.
NIO delivered 12,157 vehicles in February, up 42.92 percent from 8,506 in January and up 98.29 percent from 6,131 in the same month last year, according to data it released on March 1.
That delivery volume included 5,037 SUVs, and 7,120 sedans, NIO said. The ET7 and ET5 are sedans, all other models are SUVs.
Separately, data released by the China Passenger Car Association (CPCA) showed the ET5 delivered 6,471 units in February, the ET7 649 units and the ES6 2,848 units. Breakdown figures for other models are not available.
| Date | Model | Prev | Change | Latest |
|---|---|---|---|---|
| 03/14/23 | ET5 (NT 2.0) | 2-3 weeks | ↑ | 3-4 weeks |
| 03/14/23 | ES7 (NT 2.0) | About 3 weeks | ↑ | 4-6 weeks |
| 03/13/23 | ET7 (NT 2.0) | About 3 weeks | NA | Stop showing |
| 02/14/23 | ES7 (NT 2.0) | 3-4 weeks | ↓ | About 3 weeks |
| 02/14/23 | ET7 (NT 2.0) | 3-4 weeks | ↓ | About 3 weeks |
| 02/14/23 | ET5 (NT 2.0) | About 3 weeks | ↓ | 2-3 weeks |
| 02/6/23 | ET5 (NT 2.0) | 3-4 weeks | ↓ | About 3 weeks |
| 01/28/23 | ES7 (NT 2.0) | 2-3 weeks | ↑ | 3-4 weeks |
| 01/28/23 | ET7 (NT 2.0) | 2-3 weeks | ↑ | 3-4 weeks |
| 01/28/23 | ET5 (NT 2.0) | 7-9 weeks | ↓ | 3-4 weeks |
| 01/11/23 | ET5 (NT 2.0) | 8-10 weeks | ↓ | 7-9 weeks |
| 01/5/23 | ET5 (NT 2.0) | 9-11 weeks | ↓ | 8-10 weeks |
| 12/29/22 | ET5 (NT 2.0) | 10-12 weeks | ↓ | 9-11 weeks |
| 12/22/22 | ET5 (NT 2.0) | 12-14 weeks | ↓ | 10-12 weeks |
| 12/20/22 | ES7 (NT 2.0) | 4-6 weeks | ↓ | 2-3 weeks |
| 12/13/22 | ET5 (NT 2.0) | 13-15 weeks | ↓ | 12-14 weeks |
| 12/13/22 | ET7 (NT 2.0) | About 2 weeks | ↑ | 2-3 weeks |
| 12/13/22 | EC6 (NT 1.0) | About 2 weeks | NA | Stop showing |
| 12/2/22 | ET5 (NT 2.0) | 21-23 weeks | ↓ | 13-15 weeks |
| 11/25/22 | ES7 (NT 2.0) | 7-9 weeks | ↓ | 4-6 weeks |
| 11/25/22 | ET7 (NT 2.0) | 3-5 weeks | ↓ | About 2 weeks |
| 11/23/22 | ES8 (NT 1.0) | About 2 weeks | NA | Stop showing |
| 11/16/22 | ET7 (NT 2.0) | 4-6 weeks | ↓ | 3-5 weeks |
| 11/10/22 | ES8 (NT 1.0) | 2-3 weeks | ↓ | About 2 weeks |
| 11/10/22 | ES6 (NT 1.0) | 2-3 weeks | ↓ | About 2 weeks |
| 11/10/22 | EC6 (NT 1.0) | 2-3 weeks | ↓ | About 2 weeks |
| 11/3/22 | ES7 (NT 2.0) | 11-13 weeks | ↓ | 7-9 weeks |
| 11/3/22 | ET7 (NT 2.0) | 6-8 weeks | ↓ | 4-6 weeks |
| 11/3/22 | ES8 (NT 1.0) | 2-4 weeks | ↓ | 2-3 weeks |
| 11/3/22 | ES6 (NT 1.0) | 2-4 weeks | ↓ | 2-3 weeks |
| 11/3/22 | EC6 (NT 1.0) | 2-4 weeks | ↓ | 2-3 weeks |
| 10/31/22 | ES7 (NT 2.0) | 12-14 weeks | ↓ | 11-13 weeks |
| 10/31/22 | ES8 (NT 1.0) | 3-5 weeks | ↓ | 2-4 weeks |
| 10/31/22 | ES6 (NT 1.0) | 3-5 weeks | ↓ | 2-4 weeks |
| 10/31/22 | EC6 (NT 1.0) | 3-5 weeks | ↓ | 2-4 weeks |
| 10/21/22 | ES7 (NT 2.0) | 13-15 weeks | ↓ | 12-14 weeks |
| 10/21/22 | ET7 (NT 2.0) | 11-13 weeks | ↓ | 6-8 weeks |
| 10/21/22 | ET5 (NT 2.0) | 21-23 weeks | NA | Stop showing |
| 10/21/22 | ES8 (NT 1.0) | 4-6 weeks | ↓ | 3-5 weeks |
| 10/21/22 | ES6 (NT 1.0) | 4-6 weeks | ↓ | 3-5 weeks |
| 10/21/22 | EC6 (NT 1.0) | 4-6 weeks | ↓ | 3-5 weeks |
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The ET5 has become NIO's main seller in China, contributing 48 percent, 68 percent, and 53 percent of monthly deliveries in the past three months, respectively.
NIO US | NIO HK | NIO SG
(Image credit: NIO)
NIO (NYSE: NIO) has seen the first batch of the ET5 electric sedan arrive in Norway, with deliveries of the model in Europe set to begin this month.
"We can confirm today that the first batch of our newest car model, the NIO ET5, has arrived in Norway," NIO said in an article in its European app.
The cars are now at Birger og Haug in Aros where they are being prepared for delivery to the first customers, according to the article.
"This will be our first car below the VAT limit," the article said.
The article does not provide more details about VAT, or Merverdiavgift (MVA) in the Norwegian language. ET7 faces a 25 percent VAT in Norway, or at least NOK 21,173.
The ET5 starts at NOK 429,000 ($40,340) excluding the battery, according to the NIO Norway website. All NIO vehicles support battery swap and allow consumers to choose to include or exclude the battery when purchasing the vehicle.
(Above is the configurator information for NIO ET5 in Norway.)
(Above is the configurator information for NIO ET7 in Norway.)
NIO introduced the ET7, EL7 and ET5 to European consumers at the NIO Berlin launch event on October 7. The EL7 is known as the ES7 in China and was renamed in Europe due to a lawsuit with Audi.
Deliveries of the ET7 started in Europe as planned in October last year, with deliveries of the EL7 starting at the end of January. The planned start date for deliveries of the ET5, announced by NIO in October last year, is the end of March.
There is no more information about the ET5 in Europe, including how many units of the electric sedan NIO has sent there.
For NIO, the ET5 has been its main seller in China for the past three months.
ET5 deliveries from December to February were 7,594, 5,795 and 6,471 units, contributing 48 percent, 68 percent and 53 percent of NIO's monthly deliveries, respectively, according to data from the company and the China Passenger Car Association (CPCA) monitored by CnEVPost.
The ET5 ranked No. 7 in February in the ranking of high-end sedan sales in China with a starting price above RMB 300,000 ($43,440), according to the CPCA's list released on March 9.
The ranking dropped one spot from January, as the previously No. 7 Audi A4L outsold the ET5 with 6,935 units in February.
($1 = RMB 6.9063, $1 = NOK 10.6349)
NIO ET5 drops 1 spot in ranking of top-selling premium sedans in China
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TSLA.USBYD Song was the best-selling SUV in China in February with 51,592 retail sales, and the Model Y ranked No. 2 with 25,526 units.
The Tesla (NASDAQ: TSLA) Model Y was the No. 2 best-selling SUV in China in February, with the BYD (OTCMKTS: BYDDY) Song taking the top spot by a significant margin.
Model Y retail sales in China in February were 25,526 units, up 37.3 percent from 18,593 units a year ago, according to data released today by the China Passenger Car Association (CPCA).
That puts the Tesla SUV at No. 2 on the list of best-selling SUVs in China, according to the CPCA's list.
The BYD Song topped the list with 51,592 retail sales in February, up 110.3 percent from 24,532 units in the same month last year.
BYD Yuan Plus retail sales in February were 20,279 units, up 349.1 percent from 4,515 units in the same month last year, and ranked third on the list.
In January-February, BYD Song retail sales were 101,301 units, up 115.6 percent year-on-year, making it the best-selling SUV in China for the first two months.
The Tesla Model Y came in second on the list with 39,710 units in the same period, up 13.6 percent year-on-year, and the Changan CS75 came in third with 35,030 units.
Notably, this is the first time the CPCA has not placed the Model Y in the ranking of high-end SUV sales with a starting price above 300,000 yuan ($43,080).
In the CPCA's previous lists, the Model Y has appeared in the premium SUV sales rankings, even though its starting price has been below RMB 300,000 after two major price cuts.
Tesla Model 3 sales in February were 8,397 units, up 82.3 percent from 4,607 units a year ago, according to the CPCA.
This puts the Model 3 at No. 7 among the best-selling new energy sedans in February.
The BYD Qin was the best-selling new energy sedan in February, with the NIO ET5 ranking 10th on the list with 6,471 units sold.
In January-February, the Tesla Model 3 retailed 21,056 units in China, placing it at No. 6 on the list of best-selling new energy sedans.
The NIO ET5 sold 12,266 units in January-February, ranking No. 9 on the list.
($1 = 6.9661 RMB)
NIO ET5 drops 1 spot in ranking of top-selling premium sedans in China
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TSLA.USBYD Song was the best-selling SUV in China in February with 51,592 retail sales, and the Model Y ranked No. 2 with 25,526 units.
The Tesla (NASDAQ: TSLA) Model Y was the No. 2 best-selling SUV in China in February, with the BYD (OTCMKTS: BYDDY) Song taking the top spot by a significant margin.
Model Y retail sales in China in February were 25,526 units, up 37.3 percent from 18,593 units a year ago, according to data released today by the China Passenger Car Association (CPCA).
That puts the Tesla SUV at No. 2 on the list of best-selling SUVs in China, according to the CPCA's list.
The BYD Song topped the list with 51,592 retail sales in February, up 110.3 percent from 24,532 units in the same month last year.
BYD Yuan Plus retail sales in February were 20,279 units, up 349.1 percent from 4,515 units in the same month last year, and ranked third on the list.
In January-February, BYD Song retail sales were 101,301 units, up 115.6 percent year-on-year, making it the best-selling SUV in China for the first two months.
The Tesla Model Y came in second on the list with 39,710 units in the same period, up 13.6 percent year-on-year, and the Changan CS75 came in third with 35,030 units.
Notably, this is the first time the CPCA has not placed the Model Y in the ranking of high-end SUV sales with a starting price above 300,000 yuan ($43,080).
In the CPCA's previous lists, the Model Y has appeared in the premium SUV sales rankings, even though its starting price has been below RMB 300,000 after two major price cuts.
Tesla Model 3 sales in February were 8,397 units, up 82.3 percent from 4,607 units a year ago, according to the CPCA.
This puts the Model 3 at No. 7 among the best-selling new energy sedans in February.
The BYD Qin was the best-selling new energy sedan in February, with the NIO ET5 ranking 10th on the list with 6,471 units sold.
In January-February, the Tesla Model 3 retailed 21,056 units in China, placing it at No. 6 on the list of best-selling new energy sedans.
The NIO ET5 sold 12,266 units in January-February, ranking No. 9 on the list.
($1 = 6.9661 RMB)
NIO ET5 drops 1 spot in ranking of top-selling premium sedans in China
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NIO ET5 ranks No. 7 with 6,471 retail sales in February, surpassed by Audi A4L with 6,935 sales.
NIO.US | 9866.HK | NIO.SG
NIO's (NYSE: NIO) ET5 electric sedan slipped in a China Passenger Car Association (CPCA) sales ranking of premium sedans, as it was passed by the Audi A4L last month.
With 6,471 retail sales in February, the ET5 ranked No. 7 in China for premium sedan sales starting at more than 300,000 yuan ($43,080), according to a list released today by the China Passenger Car Association (CPCA).
The ET5 ranking dropped one spot from January as the previously No. 7 Audi A4L outsold the ET5 with 6,935 units in February.
In January, the ET5 ranked No. 6 on the list with 5,795 retail sales, while the Audi A4L was ranked No. 7 with 4,943 units.
The ET5 is the cheapest in the NIO product array, with a starting price of RMB 328,000. Deliveries of the model began on September 30, 2022.
NIO delivered 12,157 vehicles in February, including 5,037 SUVs, and 7,120 sedans.
Considering that NIO's sedans include only the ET7 and ET5, this means that ET7 delivered 649 units in February.
The ET7 has failed to make the list for the past two months, and the flagship NIO sedan had 1,379 deliveries in December, when it ranked No. 10.
The Audi A6L was the best-selling premium sedan in China in February, with 12,167 units sold, and the top spot on the list in January was the BMW 5 Series.
The Mercedes-Benz E-Class and Mercedes-Benz C-Class came in second and third with 12,153 and 11,869 units respectively in February.
The BMW 5 Series and BMW 3 Series ranked fourth and fifth in February with 9,609 and 8,868 units respectively. The BMW 3 Series BEV ranked 8th with 2,976 units.
In January-February, the NIO ET5 ranked 6th with 12,266 units sold.
The Mercedes-Benz E-Class was the best-selling premium sedan in China in the first two months, with 26,696 units sold. The BMW 5 Series ranked second with 25,737 units.
The Audi A6L was No. 3 with 24,632 units, the Mercedes-Benz C-Class was No. 4 with 17,762 units and the BMW 3 Series was No. 5 with 16,627 units.
The Audi A4L ranked 7th with 11,878 units sold in January-February and the BMW 3 Series BEV ranked 8th with 6,600 units.
($1 = RMB 6.9661)
NIO ET5 ranks No. 6 on list of best-selling premium sedans in China in Jan
| Ranking | Model | Feb 2023 | Feb 2022 | YoY |
|---|---|---|---|---|
| 1 | Audi A6L | 12,167 | 8,153 | 49.2% |
| 2 | Mercedes-Benz E-Class | 12,153 | 9,378 | 29.6% |
| 3 | Mercedes-Benz C-Class | 11,869 | 5,298 | 124.0% |
| 4 | BMW 5 Series | 9,609 | 9,352 | 2.7% |
| 5 | BMW 3 Series | 8,868 | 10,185 | -12.9% |
| 6 | Audi A4L | 6,935 | 9,460 | -26.7% |
| 7 | NIO ET5 | 6,471 | NA | NA |
| 8 | BMW 3 Series BEV | 2,976 | NA | NA |
| 9 | Volvo S90 | 2,893 | 1,666 | 73.6% |
| 10 | Hongqi H9 | 1,159 | 1,477 | -21.5% |
| Ranking | Model | Jan-Feb 2023 | Jan-Feb 2022 | YoY |
|---|---|---|---|---|
| 1 | Mercedes-Benz E-Class | 26,696 | 30,398 | -12.2% |
| 2 | BMW 5 Series | 25,737 | 35,444 | -27.4% |
| 3 | Audi A6L | 24,632 | 21,220 | 16.1% |
| 4 | Mercedes-Benz C-Class | 17,762 | 15,571 | 14.1% |
| 5 | BMW 3 Series | 16,627 | 34,581 | -51.9% |
| 6 | NIO ET5 | 12,266 | NA | NA |
| 7 | Audi A4L | 11,878 | 26,204 | -54.7% |
| 8 | BMW 3 Series BEV | 6,600 | NA | NA |
| 9 | Volvo S90 | 5,174 | 4,552 | 13.7% |
| 10 | Hongqi H9 | 1,962 | 4,563 | -57.0% |
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NIO ET5 ranks No. 7 with 6,471 retail sales in February, surpassed by Audi A4L with 6,935 sales.
NIO.US | 9866.HK | NIO.SG
NIO's (NYSE: NIO) ET5 electric sedan slipped in a China Passenger Car Association (CPCA) sales ranking of premium sedans, as it was passed by the Audi A4L last month.
With 6,471 retail sales in February, the ET5 ranked No. 7 in China for premium sedan sales starting at more than 300,000 yuan ($43,080), according to a list released today by the China Passenger Car Association (CPCA).
The ET5 ranking dropped one spot from January as the previously No. 7 Audi A4L outsold the ET5 with 6,935 units in February.
In January, the ET5 ranked No. 6 on the list with 5,795 retail sales, while the Audi A4L was ranked No. 7 with 4,943 units.
The ET5 is the cheapest in the NIO product array, with a starting price of RMB 328,000. Deliveries of the model began on September 30, 2022.
NIO delivered 12,157 vehicles in February, including 5,037 SUVs, and 7,120 sedans.
Considering that NIO's sedans include only the ET7 and ET5, this means that ET7 delivered 649 units in February.
The ET7 has failed to make the list for the past two months, and the flagship NIO sedan had 1,379 deliveries in December, when it ranked No. 10.
The Audi A6L was the best-selling premium sedan in China in February, with 12,167 units sold, and the top spot on the list in January was the BMW 5 Series.
The Mercedes-Benz E-Class and Mercedes-Benz C-Class came in second and third with 12,153 and 11,869 units respectively in February.
The BMW 5 Series and BMW 3 Series ranked fourth and fifth in February with 9,609 and 8,868 units respectively. The BMW 3 Series BEV ranked 8th with 2,976 units.
In January-February, the NIO ET5 ranked 6th with 12,266 units sold.
The Mercedes-Benz E-Class was the best-selling premium sedan in China in the first two months, with 26,696 units sold. The BMW 5 Series ranked second with 25,737 units.
The Audi A6L was No. 3 with 24,632 units, the Mercedes-Benz C-Class was No. 4 with 17,762 units and the BMW 3 Series was No. 5 with 16,627 units.
The Audi A4L ranked 7th with 11,878 units sold in January-February and the BMW 3 Series BEV ranked 8th with 6,600 units.
($1 = RMB 6.9661)
NIO ET5 ranks No. 6 on list of best-selling premium sedans in China in Jan
| Ranking | Model | Feb 2023 | Feb 2022 | YoY |
|---|---|---|---|---|
| 1 | Audi A6L | 12,167 | 8,153 | 49.2% |
| 2 | Mercedes-Benz E-Class | 12,153 | 9,378 | 29.6% |
| 3 | Mercedes-Benz C-Class | 11,869 | 5,298 | 124.0% |
| 4 | BMW 5 Series | 9,609 | 9,352 | 2.7% |
| 5 | BMW 3 Series | 8,868 | 10,185 | -12.9% |
| 6 | Audi A4L | 6,935 | 9,460 | -26.7% |
| 7 | NIO ET5 | 6,471 | NA | NA |
| 8 | BMW 3 Series BEV | 2,976 | NA | NA |
| 9 | Volvo S90 | 2,893 | 1,666 | 73.6% |
| 10 | Hongqi H9 | 1,159 | 1,477 | -21.5% |
| Ranking | Model | Jan-Feb 2023 | Jan-Feb 2022 | YoY |
|---|---|---|---|---|
| 1 | Mercedes-Benz E-Class | 26,696 | 30,398 | -12.2% |
| 2 | BMW 5 Series | 25,737 | 35,444 | -27.4% |
| 3 | Audi A6L | 24,632 | 21,220 | 16.1% |
| 4 | Mercedes-Benz C-Class | 17,762 | 15,571 | 14.1% |
| 5 | BMW 3 Series | 16,627 | 34,581 | -51.9% |
| 6 | NIO ET5 | 12,266 | NA | NA |
| 7 | Audi A4L | 11,878 | 26,204 | -54.7% |
| 8 | BMW 3 Series BEV | 6,600 | NA | NA |
| 9 | Volvo S90 | 5,174 | 4,552 | 13.7% |
| 10 | Hongqi H9 | 1,962 | 4,563 | -57.0% |
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The Nio ET5 station wagon is ready for the mass production in China with 490 horses. Let's get to know it better.
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The Nio ET5 station wagon is ready for the mass production in China with 490 horses. Let's get to know it better.
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NIO management previously hinted that the NIO ET5 shooting brake could begin deliveries in China in July.
The NIO ET5 shooting brake has appeared in a regulatory directory in China, with the model just months away from its official launch.
The Chinese Ministry of Industry and Information Technology (MIIT) today announced the latest batch of models that will be allowed to be sold in China, and NIO's new ET5 is included.
The public can submit their feedback on the list between March 9 and March 15. Entry into the list is the last major regulatory process before a model is allowed to be sold in China.
The page for the new ET5 shows what the shooting brake variant of the sedan looks like, with the overall style continuing from the ET5 sedan.
The length, width and height of the NIO ET5 shooting brake are 4,790 mm, 1,960 mm and 1,499 mm respectively, and the wheelbase is 2,888 mm, which is the same as the ET5 sedan.
The Zeekr 001, currently the best-known shooting brake model in China, has a length, width and height of 4,970 mm, 1,999 mm and 1,548 mm, respectively, and a wheelbase of 3,005 mm.
The NIO ET5 shooting brake is equipped with dual motors produced by NIO's electric drive systems division in Hefei, Anhui province, with a maximum power of 150 kW and 210 kW, respectively, and can support a top speed of 200 km/h.
Like several other NIO models based on the NT 2.0 platform, the NIO ET5 shooting brake supports the option of a retractable electric towing hitch, which can tow up to 1,400 kg of caravan weight.
Battery suppliers for the model include CALB in addition to CATL, as do the new EC6, EC7, new ES8 and new ES6.
NIO's original plan was to begin deliveries of five models in the first half of the year, including the EC7 coupe SUV and the new ES8, which were already launched at NIO Day at the end of last year and were set to begin deliveries in May and June, respectively.
William Li, NIO founder, chairman and CEO, said during an analyst call earlier this month after announcing its fourth-quarter earnings that the company's original plan was to begin deliveries of five new models in the second quarter, but later recognized the need to give each vehicle slightly more time to ensure quality at launch.
"In the second quarter of this year, we will start deliveries of four new models, including the ES6, which is our most important model, as per our latest plan so far," Li said.
NIO will also begin deliveries of the fifth new model of the year in July, which may this a little later than originally planned, he said.
Other than the new ES6, Li did not mention specific models.
What can be expected is that in addition to the EC7, the new ES8 and the new ES6, deliveries of the new EC6 will also begin in the second quarter, and the ET5 shooting brake will probably be the model that the company will start delivering in July.
NIO's new ES8 entered China's regulatory catalog in December last year, EC7 and the new ES6 and both in January this year, EC6 was in February.
The NIO ET5 shooting brake will be launched in Europe in a few months, according to previous comments from the company's management.
NIO will launch a shooting brake version of the ET5, a sister model of the ET5, in June or July of this year, said Qin Lihong, co-founder and president of the electric vehicle maker, at an event in January.
The shooting brake variant of the ET5, which is developed for European consumers, will debut in Europe, Qin said at the time.
Shooting brake models have a large market in Europe, while sales of the sedan are low, which is the opposite of the situation in China, he said.
"Derivatives of sedans are a niche market in China, but the opposite is true in Europe. We don't see many real sedans in Europe," he said.
In the Chinese market, shooting brake models are a niche market.
However, the success of the Zeekr 001, the first model of Geely's Zeekr brand, has made such models increasingly popular.
For the full year 2022, Zeekr delivered 71,941 Zeekr 001s, reaching its goal of delivering 70,000 vehicles for the year.
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