Nio, the Chinese producer to whom we owe the electric vehicle 1,000 km of autonomy and the battery alternate device permitting you to “recharge” in 5 minutes, formally launches its ET5, ET7, and EL7 (ES7 ) in Europe. With a subscription, provide without commitment.
During a professional presentation in Berlin, Germany, the -producer Nio unveils the European variations of its electric-powered automobiles Nio ET5, ET7, and EL7. The latter is bought below the call ES7 in China. Prices and availability right here are the entirety you want to understand approximately its three automobiles ( sedans and an SUV) with a completely appealing technical sheet.
850 KM OF AUTONOMY AND 5 MINUTES TO “RECHARGE.”
These three new electric cars are very promising. Indeed, the versions with the greatest autonomy promise up to 1,000 km of theoretical autonomy on the Chinese CLTC mixed cycle or around 850 km on the European WLTP cycle.
Above all, these three vehicles are compatible with the battery exchange system (Nio Power Swap Station), which is being developed in Europe. The latter currently has six stations (three in Norway and three in Germany), and the Chinese manufacturer plans to have 20 by the end of the year, 120 in 2023 and 500 in 2025, as well as 500 in the United States. United. Compared to the 1,000 stations deployed in China today.
This is Nio’s secret weapon, which allows you to “recharge” your battery (or rather exchange it for another 90% full) in about five minutes. Compare to the 18 minutes needed, in the best case, to recharge a battery from 10 to 80% with the best electric cars of the moment in terms of fast charging.
THREE DIFFERENT BATTERIES FOR PURCHASE OR RENTAL
The Nio ET5, ET7, and ES7 will be available with three different batteries on their NT2 platform: 75 kWh (Standard Range), 100 kWh (Long Range), and 150 kWh (Ultra Long Range). On the WLTP mixed cycle, Nio promises maximum ranges of 445 and 580 km, depending on the size of the rims, on the 75 and 100-kWh versions.
The 150 kWh version, which is a semi-solid battery, a first in the automotive industry for a production car, is finally behind schedule. It will thus see the light of day in China during the first quarter of 2023 instead of the end of 2022 as initially planned. We will then have to wait a few months for Europe.
It has not yet been certified on the Old Continent, which is why we only have an estimate of 850 km of autonomy. A record since the Mercedes-Benz EQS and its 107.8 kWh battery announced a combined WLTP range of 725 km. A version with different rims from the German limo could, however, offer up to 780 km of autonomy.
Note, however, that Nio thinks that the 150 kWh version will not be sold much because of its price but also of its uselessness in most cases. Remember that most manufacturers, like BMW or Tesla, agree that a range of more than 800 km is useless.
As we can see, consumption is not yet at the level of Tesla or Mercedes since the autonomy is lower at equivalent battery capacity. For comparison, the Tesla Model S offers around 650 km of range with a 100 kWh battery.
REAL CHARGING SPEED, THE WEAKNESS OF NIO CARS
The important thing is played on the recharging speed, which Nio wins hands down with its battery exchange technology. It is not the only manufacturer to offer this since the Chinese battery giant, CATL, offers an identical solution in China, called Evogo, but also SAIC, the parent company of the MG brand.
But be careful, however, since the charging speed outside the battery exchange stations is low compared to the competition. Indeed, there is talk of a maximum power of 140 kW, compared to 250 kW at Tesla or 270 kW at Porsche, for example.
It then takes 30 minutes to go from 10 to 80% on the 75 kWh battery and 40 minutes on the 100 kWh battery. For the 150 kWh battery, Nio confirmed to us that the recharge would take longer, around 50 minutes at first sight.
PRICE AND AVAILABILITY IN EUROPE
We had already presented in detail the Nio ET5, Nio ET7, and Nio EL7 (ES7) when they were launched in China in dedicated articles, so we will focus here on their deployment in Europe.
The Nio ET7, the most luxurious car from the Chinese manufacturer, which comes to compete with the Tesla Model S and the Mercedes-Benz EQS, will initially be available in Norway, Germany, the Netherlands, Denmark, and Sweden, with the first deliveries planned from next October 16.
In Norway, it starts from 78,000 euros, including tax, with the 75 kWh version. It costs 85,000 euros for the 100 kWh version.
It is also possible to rent the battery (BaaS for battery-as-a-service) for 130 or 190 euros per month, depending on the capacity. The cost of the car then starts at 67,000 euros, including tax.
The Nio 5, the little sister of the Nio ET7, which can be compared to the Tesla Model 3, is available for order, but with deliveries scheduled from January 2023. The Nio EL7 (ES7) can also be ordered, with the first deliveries expected in March 2023.
CARS ARE AVAILABLE BY SUBSCRIPTION WITHOUT COMMITMENT
While in Norway, all three cars can be purchased, this is not the case in other European countries. Nio offers a non-binding subscription or leasing (LLD). Here are the prices and autonomy of the different versions.
| Model | WLTP autonomy | Price (Norway + 20% VAT) | Germany price (LLD 36 months) | Price Germany (subscription without obligation) |
|---|---|---|---|---|
| Nio ET5 (75 kWh) | 405 – 445 km | 67 000 euros (estimate) | 999 euros | 1 249 euros |
| Nio ET5 (100 kWh) | 525 – 585 km | 79 000 euros (estimate) | 1 175 euros | 1 440 euros |
| Nio ET7 (75 kWh) | 353 – 445 km | 78 000 euros | 1 199 euros | 1 549 euros |
| Nio ET7 (100 kWh) | 505 – 585 km | 85 000 euros | 1 311 euros | 1 660 euros |
| Nio EL7 (75 kWh) | 372 – 394 km | 87 000 euros (estimate) | 1 299 euros | 1 699 euros |
| Nio EL7 (100 kWh) | 486 – 513 km | 97 000 euros (estimate) | 1 435 euros | 1 799 euros |
In the first case, this means that the car will belong to Nio and that it will make available to its lessee through a monthly subscription without obligation. A bit like the Netflix of the automobile. In the case of leasing, Nio will sell the car to a lessor. The latter then ask the rental company for monthly rent.
Nio takes a financial risk here with its subscription system since the company will not be able to recover the cash. Indeed, there will be no sale, and the car remains the property of the manufacturer.
FRANCE FROM 2024, WITH A MORE AFFORDABLE BRAND
The second wave, scheduled for the end of 2023, will allow Nio to expand into other countries: Great Britain, Austria, Belgium, Luxembourg, and Switzerland. For France, Spain, and Italy, it will be necessary to wait until 2024.
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But beware, we should not, a priori, see Nio electric cars rolling anytime soon in France. Indeed, the Chinese manufacturer has confirmed its plan to launch another brand with more affordable vehicles. And it is this future brand that would land in France. The latest information on the subject speaks of the code name ALPS and prices of around 30,000 euros in China.
THE NIO ES8 AND ES6 WILL BE UPDATED
Nio also announces that the current ES8 and ES6 SUVs will be available next year in a 2.0 version, equipped with the new NT2 platform. Called Nio Adam Super Computing, the hardware architecture integrates four Nvidia Orin X chips for autonomous driving and the 3rd generation Snapdragon Automotive Cockpit Platforms for the infotainment part.
This future version should also integrate the LiDAR found on the Nio ET7, ET5, and EL7, which should eventually make it possible to offer level 3 autonomous driving.
See you next Monday for our detailed and exclusive test of the Nio ET7.