Finance

Nio's ET9 Limited Edition Sells Out in Record Time – What You Need to Know!

2024-12-22

Author: Ming

Introduction

In a significant display of demand, Nio has announced that its exclusive limited edition of the ET9 sedan, consisting of just 999 units, has completely sold out as of December 22, Beijing time. Following its launch on December 21 during the highly-anticipated Nio Day 2024 event in Guangzhou, the executive flagship sedan has exceeded all expectations in terms of orders.

Pricing and Features

The ET9, which starts at approximately RMB 788,000 (around $108,000) for the standard version, boasts cutting-edge technology and premium features. The limited edition variant, priced at RMB 818,000, includes distinct enhancements such as unique body logos, luxury interior touches, and exclusive carpet lighting. With features like the advanced NOMI Mate 3.0 and eye-catching 23-inch wheels, it has captured the attention of EV enthusiasts.

Market Response

While Nio did not disclose exact order numbers, the overwhelming response to the ET9 signals a promising future for the company, particularly as the EV market continues to grow in China. Those who missed out on the limited edition can still purchase the standard version, as the reservation channel for the exclusive model has now closed.

Offers for Early Adopters

An enticing offer for early adopters: customers who reserve by January 31, 2025, by placing a deposit of RMB 5,000 will enjoy a RMB 10,000 discount on their purchase, along with 100 hours of free chauffeur service valid for three years.

Battery and Performance

The ET9 is powered by a robust 100 kWh battery pack, providing a range of up to 650 kilometers according to the China Light-Duty Vehicle Test Cycle (CLTC). However, deliveries are anticipated to commence only in March 2025, leaving eager customers waiting.

Battery-as-a-Service Model

Nio's innovative battery-as-a-service (BaaS) model continues to attract attention, allowing customers to reduce their vehicle purchase cost by RMB 128,000 while opting for a monthly battery rental fee of RMB 1,128, making it more affordable for many consumers.

Technological Advancements

Underpinning the ET9's advanced capabilities is Nio’s latest NT 3.0 vehicle platform, featuring a new operating system called Cedar, which promises enhanced performance compared to previous models under the NT 1.0 and NT 2.0 designations. This development reflects Nio's commitment to pushing the envelope in electric vehicle technology and design.

Conclusion

As the competition in the EV sector heats up, Nio’s successful launch of the ET9 will certainly keep industry experts and consumers on edge. What other surprises does Nio have in store? Stay tuned for updates on this revolutionary EV company!