The Nio ET5 Touring was launched in both China and Europe on June 15, with 11,677 units delivered in China to date.
(Image credit: Nio)
Nio (NYSE: NIO) has begun deliveries of the ET5 Touring in Europe, after launching the model there four months ago.
Nio held delivery ceremonies for the ET5 Touring in Germany, Sweden, the Netherlands, and Norway over the past week, the Chinese electric vehicle (EV) maker announced on its Chinese social media platforms last night.
The company didn't mention the number of first deliveries of the ET5 Touring in Europe, though it shared multiple images of the model being delivered to its first European owners.
Nio launched the ET5 Touring in China at a launch event on the evening of June 15, and introduced the ET5 sedan derivative to European consumers a few hours later.
In China, deliveries of the ET5 Touring began on June 16, and customers who order the model now are expected to be delivered in 2-3 weeks. To date, 11,677 units of the model have been delivered in China, data monitored by CnEVPost show.
Pricing for the ET5 Touring in China is the same as the regular ET5, starting at RMB 298,000 ($40,800) for the version with a 75-kWh battery pack and RMB 356,000 for the 100-kWh version, including the battery.
Chinese customers who choose to buy the model using the BaaS (battery as a service) service will see the prices start at RMB 228,000 for both versions, with monthly battery rental fees of RMB 980 and RMB 1,680, respectively.
In Germany, the 75-kWh version of the ET5 Touring starts at 59,500 euros ($62,600), including the battery, and the 100-kWh long-range version at 68,500 euros.
If customers choose to purchase the ET5 Touring using the BaaS model, the starting price in Germany is reduced by €12,000 for the 75-kWh version and €21,000 for the 100-kWh version.
In the Netherlands, including the battery, the starting price is €63,900 for the 75-kWh ET5 Touring and €72,900 for the 100-kWh version.
They're priced at SEK706,000 ($64,100) and SEK816,000 in Sweden, DKK517,000 ($73,000) and DKK637,000 in Denmark, and NOK532,869 ($48,800) and NOK620,619 in Norway.
Notably, the EU formally launched an anti-subsidy investigation into EVs from China earlier this month, casting a shadow over Chinese EV firms' efforts in the European market.
"The investigation will be concluded within maximum 13 months of initiation. If legally warranted, any provisional anti-subsidy duties may be imposed by 9 months after initiation, with any definitive measures to be imposed up to 4 months later or within 13 months of the initiation of the investigation," a European Commission announcement read.
($1 = RMB 7.3060, $1 = €0.9504, $1 = SEK 11.0082, $1 = DKK 7.0878, $1 = NOK 10.9216)
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