The new car will be NIO’s second sedan model that is positioned lower than ET7. We have also confirmed the existence of this model from NIO stores. The new car will officially debut on NIO Day on December 18.
At present, we have no way of knowing more news about ET5 in the future. ET5, which is lower in size and positioning than ET7, is expected to be mainly used in the mid-size pure electric vehicle market of new power brands in the future. Therefore, for example, the current popular Tesla Model 3 and Xiaopeng P7 are the main competitors of ET5. The lower positioning will also bring a lower price threshold. If you are looking forward to this new car, you might as well wait until its official debut on NIO Day at the end of the year.