New’s new ET5 EV rivals the Model 3 with a declared range of 620 miles

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Nio’s ET7 coming soon is practically tailored to challenge Tesla ‘s Model S, and now the company seems to have a (partial) answer to the Model 3. Electrek he says Nio has introduced ET5, a more affordable mid-size electric sedan. It starts at 328,000 RMB (about $ 51,450), or well below the roughly $ 70,000 for the ET7, but offers similar grand figures. Nio claims that the 75 kWh base battery offers over 341 miles of range using a Chinese test cycle, while the top-of-the-line 150 kWh “Ultralong Range” package is reportedly good for more than 620 miles. You’ll probably pay significantly more for that privilege and may not see that range in real life, but the numbers could still take you away from the more advanced 3 models if long-distance driving is key.

You can expect the usual loads of technology. The ET5 will have built-in support for autonomous driving features as they are approved, and drivers will get a “digital cockpit” thanks to Nreal-developed augmented reality glasses that can project a 201-inch virtual screen at a viewing distance of 20 feet. Nio has teamed up with Nola to make VR glasses as well, although it’s safe to say you won’t be wearing them while driving.

Deliveries are expected to begin in September 2022. That’s a long way off, but Nio seems to be on the right track with his EV plans as he expects to deliver the ET7 on time (if only) starting March 28th.

This launch is also in line with Ni’s test steps outside of China. The brand did not expand to Norway until 2021, but intended to start sales in Denmark, Germany, the Netherlands and Sweden in 2022. You should see the badge in 25 countries and regions by 2025. While the Nio will not yet count as a car heavyweight at that stage, it could easily put pressure on other electric vehicle manufacturers within a few years.

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