Nio ET7 wait time further reduced to 3-5 weeks
Faster deliveries may indicate that supply chain conditions are allowing Nio to ramp up capacity so that more consumers can access purchase subsidies that are due to expire at the end of the year.
(Vehicle information displayed in Nio App on November 16.)
The expected delivery date for Nio's flagship sedan, the ET7, has been further shortened, after a similar change was seen earlier this month.
Nio currently sells six models in China, including three models based on the NT 1.0 platform -- the ES8, ES6 and EC6 -- and three models based on the NT 2.0 platform -- the ES7, ET7 and ET5.
The latest expected delivery date for the ET7 is 3-5 weeks after locking in orders, the latest information from the Nio App monitored by CnEVPost shows.
The last change in the wait time for the model was on November 3, when it was shortened from 6-8 weeks to 4-6 weeks.
On November 10, the expected delivery times for the ES8, ES6 and EC6 all changed from 2-3 weeks to about 2 weeks, when the wait time for the ET7 remained unchanged.
The latest information from Nio App shows that the wait times for these three older models based on NT 1.0 platform are still about 2 weeks.
(Vehicle information displayed in Nio App on November 16. From left to right, ES8, ES6, EC6.)
The Nio App still does not show an expected delivery date for the ET5.
Faster deliveries may indicate that supply chain conditions are allowing Nio to ramp up capacity so that more consumers can take advantage of the state purchase subsidies for new energy vehicles before they expire at the end of the year.
In the first two weeks of November, Nio ET7 insurance registrations in China were 1,013 units and 787 units, respectively, according to previous data.
The expected delivery dates for most Tesla models in China became shorter yesterday, making the waiting times for the entire Model 3 and Model Y lineup start at 1 week.