As the years go by, many new EV companies popped up. And one of the hottest new brands in the EV game right now is definitely NIO.
NIO is gaining a lot of traction because it offers one of the best looking electric cars. Whether you are interested in compact, full-size sedans, or an SUV, NIO got you covered with 8 different models. Each of these vehicles brings something special to the table.
At a Glance
| Name: NIO | Founded: 2014 |
| Headquarters: Shanghai, China | Revenue: 7.2 billion USD |
| Industry: Automotive | Founder: William Li |
| Parent Organization: nio.com |
NIO Price
How Much Does a NIO Cost?
NIO is a company that offers models in the mid segment pricewise. It is not one of the cheapest brands around but it still has offers for most buyers out there.
Unfortunately NIO is not yet available in the US market. That’s why we shall convert the Chinese prices into dollars. Since these are the most precise estimations on the value of a NIO.
The cheapest model that NIO makes is the ET5. The ET5 starts at 298,000 yuan, which in dollars is about $41,662. Then you have the hugely popular ES6, which starts at $47,254 and EC6 which starts at $49,200.
Then you have the ET7 and ES7, which start at $59,836 and $61,234. The most expensive models are the EC7 and ES8, which start at $64,030 and $69,628, respectively.
What is the Most Expensive NIO?
The most expensive NIO is the ES8. This model is a battery electric full-size SUV and easily one of the best looking cars in this segment.
The latest generation of the ES8 debuted in 2023 and this is practically a brand new model which also brought many upgrades to the table, like upgraded looks and the 150 kWh battery pack. This model starts at $69,629.
How Much is the Cheapest NIO?
The cheapest NIO is the ET5. The ET5 is a compact executive sedan that has been sold by NIO since 2021. This model is a real Tesla Model 3 competitor. Both in terms of performance, as well as in terms of price.
The most powerful NIO ET5 comes with a 150 kWh battery and a range of well over 1,000 km. And the price is really irresistible, starting as low as $41,662.
About NIO
History of NIO
NIO is a company that was founded in 2014 by William Li. After its inception, NIO quickly gathered many billion dollar investments and quickly became one of the most popular EV brands in China.
This is mainly due to the fact that NIO has a lot of ingenuity in its business. NIO knows that charging electric cars might be a problem, mainly due to the fact that charging infrastructure is not yet developed and also there is a lot of waiting time.
This is why they launched BaaS. BaaS is battery replacement as a service. They created many battery swapping stations and are leading the game in this area.
NIO also has a wide range of models that it is selling in the Chinese market. There are 8 different cars that are designed for different price points.
These models include the ET5, ET5t, EC6, ES6, ET7, ES7, EC7, and ES8.
And new models are also expected to come in the future. NIO is easily one of the fastest developing companies in China and will definitely make a big impact in the upcoming years with its new developments.
Understanding NIO Car Range
The NIO naming scheme is rather easy to understand. All of the models that NIO is selling start with the letter E.
Then the second letter really depends on the type of vehicle we are talking about. There are the letters T, C, and S.
T is a letter reserved for regular cars, C is for SUV models that have a sloping roofline, while S is for standard SUV models.
The numbering in the name usually refers to the size of the car, with 5 being the smallest and 8 being the largest.
Interesting Facts About NIO
NIO is a company founded in Shanghai by William Li, a Chinese entrepreneur that saw the chance to revolutionize the EV segment.
NIO is the first company to offer BaaS. Battery replacement as a service. They created a large infrastructure of battery swapping services all over China, where you can swap your battery in a few minutes.
With NIO you will never have to worry about battery degradation since with the battery swapping service, the company is the one that takes care of this.
NIO offered a purely electric sports car called the EP9, only 50 samples were made between 2016 and 2019.
NIO also participated in motorsports, namely, in the Formula E championship.
Where is NIO Made?
The headquarters of NIO are located in Shanghai, China, while the manufacturing is located in Hefei and Nanjing, China.
The company also has offices in San Jose, California. This office serves for the development of intelligent driving.
NIO also has a Global Design Center located in Munich, Germany.
NIO Electric Cars
All NIO models are purely electric vehicles. There are no plug-in hybrid models like with some of the other Chinese automakers. NIO is primarily focused on developing a sustainable future with no internal combustion engines.
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NIO Models
Now let’s take a look at all of the models that NIO is offering right now.
NIO EP9
NIO’s first take on creating a proper electric car was definitely a brave move. This model was the EP9, which was a proper hyper car.
The EP9 features four electric motors and together these motors have a total output of 1,341 hp and have a 0 to 60 time in only 2.7 seconds. This model also delivers a range of 427 km.
The EP9 was produced between 2016 and 2019. Only 50 samples were made of the standard model.
| Price: 1.48 million | Release Year: 2016 |
| Engine: Four Electric Motors | Top Speed: 313 km/h – 194 mph |
| 0-60 mph: 2.7 seconds | Power: 1,341 hp |
| Torque: 1091 lb-ft | Range: 427 km – 265 miles |
NIO ET7
In the world of luxury electric sedans, the ET7 is definitely a name that rings a bell. The ET7 is a proper Tesla Model S challenger that outpaces the American competitor in many areas.
The ET7 is a fairly new model released in 2021. This model features a dual electric motor setup that has a combined output of 644 hp and 850 Nm of torque.
The ET7 also comes with three different batteries, a 70 kWh, 100 kWh, and a 150 kWh battery pack. With the largest battery you have a topping range of 1,000 km, or 621 miles.
| Price: $59,836 | Release Year: 2022 |
| Engine: Dual Electric Motor | Top Speed: 200 km/h |
| 0-60 mph: 3.5 seconds | Power: 644 hp |
| Torque: 850 Nm (630 lb-ft) | Range: 500 to 1,000 km (310 – 621 miles) |
NIO ET5
The NIO ET5 is another sedan manufactured by NIO. This model is a Tesla Model 3 competitor and similarly to the ET7, it easily outmatches the Model 3 in many key areas.
It is said that the ET5 brings some of the DNA of the EP9 hypercar when it comes to its design, which honestly, is the best one out there.
But what does the ET5 pack under the hood? The ET5 comes with a dual electric motor setup. The combined output of these two engines is 480 hp and 700 Nm of torque.
The ET5 also comes with a few battery options. These include a 75 kWh, 100 kWh, and a 150 kWh battery pack. The range of the ET5 is between 550 and 1,000 km.
| Price: $41,662 | Release Year: 2022 |
| Engine: Dual Electric Motors | Top Speed: 200 km/h |
| 0-60 mph: 4 seconds | Power: 480 hp |
| Torque: 700 Nm (510 lb-ft) | Range: 550 – 1000 km (341 – 621 miles) |
NIO ES8
One of the first models that NIO introduced is the ES8. This model debuted in 2018 and starting from 2023 the second generation of the ES8 came to the market.
This new model is based on a new platform and implements a much more attractive exterior styling.
The ES8 model also implements a dual electric motor setup that has a combined output of 480 hp and 850 Nm of torque.
There are three battery packs, a 75 kWh, 100 kWh, and a 150 kWh battery pack. The range is between 500 and 900 km depending on the battery size.
| Price: $69,600 | Release Year: 2023 |
| Engine: Dual Electric Motor | Top Speed: 200 km/h |
| 0-60 mph: 4.1 seconds | Power: 480 hp |
| Torque: 850 Nm | Range: 500 – 900 km (310 – 559 miles) |
NIO ES7
The NIO ES7 is one beautifully looking mid-size SUV that debuted to the market in 2022. This model is definitely one of the most popular vehicles in this segment since its introduction.
With this SUV you can seat up to 5 people pretty comfortably without struggling for room. Making it perfect for people with larger families.
This model is powered by a dual electric motor setup, making 644 hp and 850 Nm of torque. There are also three battery packs like in the other models. These include 75, 100, and 150 kWh.
The range of the model really depends on the battery pack you go for. With the least capable reaching 500 km and the most powerful battery reaching up to 900 km.
| Price: $69,300 | Release Year: 2022 |
| Engine: | Top Speed: 200 km/h |
| 0-60 mph: 3.9 seconds | Power: 644 hp |
| Torque: 850 Nm | Range: 500 – 900 km (301 – 578 miles) |
NIO ES6
The NIO ES6 is the latest addition to the NIO lineup and this model is easily one of the hottest deals around.
The second generation debuted for the 2024 model year and this is definitely one of the sleekest looking SUVs out there.
This new model comes with a dual electric motor setup that has a combined output of 544 hp and 725 Nm of torque.
There are also three battery options, 75, 100, and 150 kWh battery packs that have a range of between 465 and 900 km.
| Price: $52,200 | Release Year: 2019 |
| Engine: Dual Electric Motor | Top Speed: 200 km/h |
| 0-60 mph: 4.7 seconds | Power: 544 hp |
| Torque: 725 Nm | Range: 465 – 900 km (289 – 559 miles) |
NIO EC7
The NIO EC7 is another really cool looking SUV. But what is different about this model is that this vehicle has a sloping roofline. Making it a lot more sporty looking, especially with the rear spoiler.
A perfect model for those who want to get something more exciting. This model is a Tesla Model X competitor.
It comes equipped with a dual electric motor setup and also offers three different battery packs. A 75, 100, and 150 kWh. Just like with the other NIO models.
| Price: $64,000 | Release Year: 2023 |
| Engine: Dual Electric Motors | Top Speed: 200 km/h |
| 0-60 mph: 3.8 seconds | Power: 654 hp |
| Torque: 850 Nm | Range: 490 – 940 km (305 – 584 miles) |
NIO EC6
The NIO EC6 is another SUV model with a sloping roofline. But this model is smaller in size compared to the EC7.
Now in its second generation, the NIO EC6 looks better than ever. It has a sleek front end that maximizes the range.
The EC6 packs a dual electric motor setup that outputs 435 hp. Which is pretty decent performance for a vehicle of its size.
Unlike other NIO models, this model only comes with two battery packs. These are the 75 kWh and 100 kWh batteries.
| Price: $49,200 | Release Year: 2020 |
| Engine: Dual Electric Motors | Top Speed: 200 km/h |
| 0-60 mph: 5.4 seconds | Power: 435 hp |
| Torque: 700 Nm | Range: 459 – 630 km |
