NIO Launches ES9 Model with Starting Price of 498,000 RMB, Deliveries Commence May 28

Deep News
05/27

NIO Inc. (NYSE: NIO) officially unveiled its new ES9 model during a product launch event. Founder, Chairman, and CEO Li Bin delivered a keynote address at the event.

The ES9 is offered in three variants. The Executive Luxury edition starts at 498,000 RMB for a full vehicle purchase, or 390,000 RMB under the Battery as a Service (BaaS) subscription model. The Executive Signature edition starts at 558,000 RMB for a full purchase, or 450,000 RMB with BaaS. The Horizon Special edition starts at 628,000 RMB for a full purchase, or 520,000 RMB with BaaS.

Regarding deliveries, configurations with the central console layout will begin customer deliveries on May 28. Versions featuring the aisle layout are scheduled to start deliveries in mid-July.

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