China’s NIO has unveiled the ET5, a mid-size smart electric sedan, at NIO Day 2021 in the city of Suzhou. The ET5 accelerates from 0 to 100 km/h in 4.3 seconds.
The ET5’s CLTC range reaches over 550 km with the 75 kWh Standard Range Battery, over 700 km with the 100 kWh Long Range Battery, and over 1,000 km with the 150 kWh Ultralong Range Battery.
The new model comes with the latest NIO Autonomous Driving (NAD).
With NIO Aquila Super Sensing and NIO Adam Super Computing, the car will gradually achieve a safe and reassuring autonomous driving experience in scenarios such as highways, urban areas, parking and battery swapping.
NAD’s full features will be gradually rolled out after development validation, and be available to users via a RMB 680 monthly subscription under ADaaS (AD as a Service).
The ET5’s panoramic and immersive digital cockpit features AR and VR technologies.
The company has partnered with NREAL, an innovative AR device company, to jointly develop AR glasses exclusive to NIO, which can project an effective screensize of 201-inch at 6 meters.
It’s also collaborating with Nolo to jointly develop the NIO VR Glasses, with ultra-thin Pancake lenses, realising binocular 4K display effect.
The ET5 is priced at RMB 328,000 before subsidies, and RMB 258,000 with BaaS (Battery-as-a-Service).
Deliveries are expected to start in September, 2022.
Meanwhile, NIO announced to start order confirmation of the ET7, its mid-large smart electric flagship sedan, on January 20, 2022, and to start delivery on March 28, 2022.
NIO also officially announced Clean Parks, an ecosystem co-building plan, to support nature reserve protection around the globe and establish a clean and low-carbon energy cycle system, protecting the authenticity and integrity of ecosystems.
William Li, NIO’s founder, chairman and CEO, says “The year of 2021 is full of challenges. With a positive and optimistic attitude and outlook, NIO has grown together with its users. In 2022, we will continue to double down on product and technology development, accelerate the deployment of our service network, and enter more markets globally. We are confident about the road ahead.”
After entering Norway in 2021, NIO will introduce its products and holistic service system to Germany, the Netherlands, Sweden and Denmark in 2022.
By 2025, NIO will establish its presence in over 25 countries and regions worldwide.