Industry dynamics

Ningbo Jifeng, Grammer offer NIO ET5 auto parts worth 2,000 yuan per car

Publishtime:2019/08/16 Views:7

Shanghai (ZXZC)- Chinese automotive supplier Ningbo Jifeng Auto parts Co., Ltd. (Ningbo Jifeng) and its subsidiary Grammer AG provide the NIO ET5 with 2,000 yuan ($315) per car worth of components, including the headrests for second-row seats, armrests, center console, and electric power air vents, Ningbo Jifeng revealed on Dec. 20 on a communication platform of Shanghai Stock Exchange.

Ningbo Jifeng, Grammer offer NIO ET5 auto parts worth 2,000 yuan per car

Photo credit: Ningbo Jifeng

The auto parts supplier said it will continue to strengthen the cooperation with automakers like NIO on new energy vehicle models.

The ET5 was launched last week on the NIO Day 2021 as NIO's fifth production model and second sedan model. At the event, NIO started presale of the ET5 and said the model is expected for delivery in next September.

Ningbo Jifeng, Grammer offer NIO ET5 auto parts worth 2,000 yuan per car

ET5; photo credit: NIO

With a starting price of 328,000 yuan ($51,460) before government subsidies, and 258,000 yuan ($40,480) with a leased battery, the most basic variant features a CLTC range of 500km on a single charge. The post-subsidy price for the entry-level China-made Model 3 is 255,652 yuan ($40,110).

The ET5 comes with the 3rd-generation Qualcomm Snapdragon Automotive Cockpit Platform. Inside of the ET5 looks as clean as possible despite the 10.2-inch HDR digital dashboard and the 12.8-inch AMOLED console-mounted display.

Regarding NIO Aquila Super Sensing, the ET5 carries 33 sensors, including one ultralong-range high-resolution LiDAR, seven 8 mega-pixel cameras, five millimeter-wave radars, twelve ultrasonic sensors, one ADMS, two high-precision location units (GPS plus IMU), etc.

As a global automotive supplier, Ningbo Jifeng supplies passenger vehicle clients with such products as headrests, armrests, center console system, interior parts, as well as thermoplastic solutions. Its clients contain FAW Group, SAIC Motor, Dongfeng Motor, Great Wall Motor, Hongqi, BYD, Geely Auto, XPeng, NIO, and Li Auto.