This is the first time has mentioned the existence of the new ET7, after rumors began to emerge last month.

(A Nio ET7 on display at the 2021 Shanghai auto show. Image credit: CnEVPost)

Nio (NYSE: NIO) will launch the new ET7 at the Shanghai auto show next week, in addition to the launch of the new ES6.

"At Auto Shanghai 2023, we are bringing the Nio House to the show floor once again," the electric vehicle (EV) maker announced today.

The full range of Nio models equipped with the Banyan intelligent system will be presented on April 18, the new ES6 will debut and the 2023 ET7 will be officially launched, Nio said.

Banyan is the software architecture for Nio's NT 2.0 platform-based models, and the company's NT 1.0 platform-based models use a software architecture called Aspen.

The upcoming biennial Shanghai auto show will be held from April 18-27, with press days from April 18-19, professional visitor days from April 20-21, and general public admission from April 22-27.

The show will be held at the National Exhibition and Convention Center in Shanghai, and Nio's booth is located in Hall 6.1, Stand 6A01.

The N-Box augmented entertainment console and AR glasses developed by Nio will be equipped on the EC7 for the first time for the public to experience, according to the company.

This is the first time Nio has confirmed the existence of the new ET7, after rumors began to emerge last month.

At the end of last month, some local media reported that the current Nio ET7 had been discontinued and that the facelift would be optimized for exterior and interior details.

On March 28, an image circulating on social media Xiaohongshu showed that the 2023 ET7 will have a new gold exterior option and will be available with a tow hook option.

Inside, the improved ET7 will have several details optimized, including the seats, wireless charging panel power, and low-speed beep, according to the information in the image.

The Nio ET7 was launched at the Nio Day 2020 event on January 9, 2021, the company's first sedan, with deliveries beginning on March 28, 2022.

Deliveries of the ET7 remained around 3,000 units per month for the vast majority of the second half of last year, but the figures slipped to 1,379 units in December.

Regarding the new ES6, Nio mentioned on April 1 that the model will be unveiled at the Shanghai auto show.

Notably, like the ES7, which is known as the EL7 in Europe, the new ES6 will also be known as the new EL6 in international markets, according to a previous Nio press release.

NIO's new ES6 to debut at Shanghai auto show later this month