Nio (NYSE: NIO) previously said it would begin deliveries of its executive flagship sedan, the ET9, in March. Now, its founder has provided a slightly more detailed timeline.
Deliveries of the Nio ET9 will begin at the end of March, William Li, the electric vehicle (EV) maker's founder, chairman, and CEO, said today on Weibo.
Li mentioned the timing during an interaction with Richard Yu, managing director and chairman of Huawei's intelligent vehicle solutions business unit, inviting him to experience the model at that time.
Yu praised the Nio ET9 at an event yesterday after introducing the safety performance of the Maextro S800 limousine in the event of a tire blowout.
Nio then shared a video showcasing the Nio ET9's performance in tougher challenges and Li interacted with Yu on car safety.
Nio launched the ET9 at the Nio Day 2024 event on December 21, 2024, with a starting price of RMB 788,000 ($108,820) including the battery pack.
On top of the ET9 standard edition, Nio offered a premiere limited edition with a starting price of RMB 818,000 and only 999 units available.
Under Nio's BaaS (battery as a service) plan, the ET9 standard edition starts at RMB 660,000 with a monthly battery rental fee of RMB 1,128 yuan.
The limited edition starts at RMB 690,000 under BaaS plan, with a monthly battery rental fee of RMB 1,128 yuan.
Deliveries of the ET9 was set to begin in March 2025, with the limited edition model being prioritized, Nio said last December.
On the second day of the ET9's launch, Nio said 999 units of the limited edition sold out on the morning of December 22.
On December 26, Nio launched the ET9 signature edition, priced from RMB 808,000, which is RMB 20,000 higher than the standard edition.
Li didn't mention a specific date today for the start of ET9 deliveries, though Nio had previously chosen the 28th day of the planned delivery month to start deliveries of a new model in several cases.
Chinese customers currently ordering an ET9 will have to wait 12-13 weeks, or about 3 months, according to CnEVPost's daily monitoring.
Deutsche Bank expects Nio ET9 sales to be 1,500 units per month
($1 = RMB 7.2416)
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