Industry dynamics

Nio ES7 wait time reduced to about 3 weeks

Publishtime:1970-01-01 08:00:00 Views:16

The wait information for the Nio ES7 last changed on April 17, when it went from about 2 weeks to 3-5 weeks.

(Image credit: CnEVPost)

The wait time for the Nio (NYSE: NIO) ES7 in China has been slightly shortened, with that information for the SUV becoming longer a week ago.

For consumers currently locking in orders for the ES7, delivery is expected in about 3 weeks, information from the Nio App monitored by CnEVPost shows.

The last change in the wait information for the Nio ES7 was on April 17, when it went from about 2 weeks to 3-5 weeks.

(Screenshot on April 25.)

Nio's website and app currently showcase 7 models -- the new ES8, ES7, new ES6, EC7, EC6, ET7, ET5.

All are new models based on the NT 2.0 platform, except for the EC6, which is an older model based on the NT 1.0 platform.

In the vehicle configurator of Nio App, only five models are available -- the new ES8, ES7, EC7, ET7, ET5, while the configurator of the new ES6 and the EC6 based on NT 1.0 platform is not available.

On the first day of the Shanghai auto show on April 18, Nio launched the 2023 ET7 and unveiled the new ES6. The price of the new ET7 is the same as the previously available version, while the price of the new ES6 was not announced.

On April 21, the Nio App saw major changes to the vehicle configurator, with the ET7's wait times starting to be displayed again.

Except for the ES7, wait times for all other Nio models are unchanged today -- deliveries of the new ES8 are expected to begin in June, wait times for both the EC7 and ET7 are about 4 weeks, and for the ET5 is about 2 weeks.

Nio delivered 10,378 vehicles in March, up 3.94 percent from 9,985 units a year ago but down 14.6 percent from 12,157 units in February.

As of March 31, cumulative deliveries of Nio vehicles reached 320,597 units.

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