The Nio ET7 is still for sale! The Dutch customer pays 72,900 euros, both for the 75 kWh and 100 kWh versions. But then you still can’t drive a meter. What’s up with that?
Initially, Nio was clear: the models of the Chinese brand were not for sale. You could only put the ET7, and also the ET5 and EL7 that will come to the Netherlands later, in front of your door via subscription. That was a kind of private lease construction, where you can drive a Nio ET7 for a fixed amount and a fixed number of kilometers. For example, 1299 euros and 1250 kilometers per month.
Buy Nio ET7: now you can
More than a month after the brand made its official start in Europe, Nio is changing its strategy. You can also buy the Nio ET7, although there is a catch.
In the price list of the Nio ET7 we see a recommended retail price of 84,900 euros. This applies to the ET7 with a battery pack of 75 kWh (range: 445 kilometers). If you opt for a larger battery pack of 100 kWh (range: 580 kilometers), you will of course pay more and the price will be 93,900 euros.
ET7 for sale only with battery lease
And now that catch. In the Netherlands, the Tesla Model S competitor is only for sale in combination with battery rental. The good news is that the base price of the ET7 will go down as a result. The price is exactly the same for the Nio ET7 with 75 kWh and ET7 with 100 kWh: 72,900 euros. The ET7 75 kWh will therefore be 12,000 euros cheaper and the ET7 100 kWh even 20,400 euros.
But then you don’t have a battery yet, because you have to lease it. You pay a fixed amount every month for this. For the ET7 75 kWh, the amount is set at 169 euros. With the ET7 100 kWh you pay considerably more: 289 euros. In five years, the battery rental of the ET7 75 kWh will cost you 10,140 euros, with the 100 kWh version you will even pay 17,340 euros.
Battery change not included in the price
It is not surprising that Nio opts for battery rental. The Chinese car brand distinguishes itself from other electric brands by reviving battery swap stations, after Renault once made a failed attempt to make this concept successful. The first exchange station will open in Tilburg soon, but many more will follow.
The idea is that you can exchange your empty battery for a full one in five minutes – à la a fill-up. This job is done fully automatically. With the lease construction for the battery pack, Nio solves a problem that customers may complain about: that they have to exchange the battery of their brand new car for a slightly older one at a replacement station.
Finally, with a tip for ET7 buyers: don’t count yourself rich too quickly, because changing the battery is probably not included in the lease price.