NIO announced today that due to the sustained and significant rise in global raw material prices since the beginning of this year, NIO will adjust the prices of its products from May 10, 2022. The specific adjustment plan is as follows:
Price adjustment for vehicle models
The starting prices of all versions of ES8, ES6, and EC6 will increase by RMB 10,000, and the starting prices of ET7 and ET5 will remain unchanged.
After the adjustment, the starting prices of ES8, ES6, and EC6 are as follows:
Price adjustment for BaaS battery rental service
The service fee for the long-range battery pack rental service will be adjusted from RMB 1,480/month to RMB 1,680/month, an increase of RMB 200/month. The service fee for the standard range battery pack rental service will remain unchanged at RMB 980/month. This adjustment will not affect customers who have already purchased cars.
In addition, the flexible upgrade of the battery pack to the long-range battery pack will be adjusted to RMB 9,800/year, and the flexible monthly upgrade price will remain unchanged at RMB 880.
Customers who paid deposits for ES8, ES6, EC6, ET7 or reservations for ET5 before May 9, 2022 will not be affected by this price adjustment.
NIO vehicle production temporarily suspended due to the pandemic
NIO announced yesterday that since March, its suppliers in Geelyn, Shanghai, Jiangsu, and other places have gradually suspended production due to the pandemic, and production has not yet resumed. As a result, the production of NIO vehicles has been temporarily suspended.
Due to the above reasons, the delivery of vehicles to users will be delayed. NIO stated that it will work with its suppliers to resume production as soon as possible while meeting epidemic prevention requirements, and strive to restore vehicle production and delivery as soon as possible.
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.