The ongoing Beijing Auto Show has seen the unveiling of a slew of new electric vehicles by various manufacturers. The 2024 Nio ET7 is an electric sedan and is a refresh of the entire Nio ET7 lineup of 2023. The new lineup comes with the same starting price as its predecessor even with its 180 upgrades.

The original Nio ET7 was launched in 2021 during the Nio Day 2020 event. The first deliveries of the model were achieved in March 2022 and the ET7 was the first Nio model based on the NT 2.0 platform. The 2023 Nio ET7 was launched at the Shanghai auto show in April 2023 and it had a starting price of 458,000 yuan ($63,204). Nio subsequently lowered the price of the 2023 ET7 by 30,000 yuan ($4,140) and offered the free battery swap service package as a paid option. The ET7 is a leading model among all-electric sedans in China, with more than 30,000 units already sold.

The 2024 ET7 comes in two variants – Executive and Executive Signature as compared with the standard and Signature Editions for its predecessor. The 2023 Nio ET7 was offered with a 100kWh battery pack that delivers substantial range to the EV. The new model’s Signature Edition picks from a 75kWh and 100kWh battery pack.

Pricing & Availability

The new Nio ET7 iteration comes with a starting price of 458,000 yuan ($63,204) for the standard range Executive Signature Edition while the long-range version is priced at 516,000 yuan ($71,208). The long-range version is 10,000 yuan ($1,380) higher than the starting price of its 2023 counterpart. This is the top-trim model of the lineup. The company has already started accepting customer order lock-ins for the 2024 ET7. Deliveries of the model will begin on April 30 but show cars are already available for test drives.

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