Nio Day is the annual event held each year to showcase all its models. The Chinese automaker now unveils a new mid-sized sedan, ET5 with a range of 1,000 CLTC. Furthermore, the company updates on the features of ET7 and global expansion plans.
Nio Day 2020 was actually held in January this year. At that time the company unveiled the flagship sedan ET7. During the unveiling in January, it was reported that the new EV would be the first of three EVs to debut. The EVs will debut on Nio’s Technology Platform 2.0 in 2022. In October this year, Nio confirmed this year’s event would be taking place on December 18. It took place at the Olympic Sports Center in Suzhou, west of Shanghai. Speculation immediately began initially as to what might be revealed this year in the event. Expectations were on having a less-expensive sedan rumored to be the ET5. It was rumored that Nio would be unveiling two new EVS, also a new sub-brand. However, Nio began teasing last week at least one new vehicle whose back end closely looked like ET7. This lead to predicting the next unveiling on Nio Day 2021 would in fact be the ET5. When Nio Day was finally there, as predicted, the ET5 was officially revealed.
Featuring ET5 and ET7
Nio shared more details of the ET5 which coincide with the reveal from Suzhou. As announced by Nio, the ET5 was designed with autonomous driving features in consideration. Everything from its silhouette is based on the ET7 to integrating autonomous driving sensors into its body lines are all inclined with an autonomous driving system. Also, the haunches were designed to resemble Nio’s EP9 hypercar adding a muscular fee.
The ET5 will come with Nio Autonomous Driving (NAD), Nio Aquila Super Sensing, Nio Adam Super Computing, allowing the new EV to gradually achieve safe autonomous driving in scenarios such as highways, urban areas, parking, and battery swaps. Nio started its autonomous features will roll out gradually after validation and can be added as an RMB 680 (~$107) monthly subscription.
Now for the performance specs, the ET5 can accelerate from 0 to 100 km/h (0-62 mph) in 4.3 seconds. It will have high-performance 4-piston fixed calipers developed specifically by Nio offer a braking distance from 100 km/h to a complete stop in 33.9 meters (~111 ft).
The ET5’s drag coefficient is 0.24, and its CLTC range is 550+ km (342 mi) with the 75 kWh Standard Range Battery, 700 km (435 mi) with the 100 kWh Long Range Battery, and over 1,000 km (620 mi) with the 150 kWh Ultra-long Range Battery.
The interior of the ET5 will come with PanoCinema. It is a panoramic digital cockpit featuring AR and VR tech. Nio partnered with an AR device company called NREAL, jointly they will develop AR glasses exclusive to Nio vehicles. Which can project a 201-inch screen at 6 meters for drivers. Also, there is an all-new 256-color curtain of ambient lighting and a Dolby Atmos 7.1.4 surround sound system. Finally, the price of ET5 is at RMB 328,000 ($51,450) before adding subsidies. Furthermore the RMB is priced at 258,000 ($40,468) with BaaS (Battery-as-a-Service). Deliveries of ET5 are expected to begin in China by September next year.