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Home ยป Cars

Nio announces price of EC6 starts at 368,000 yuan before subsidies

By Phate Zhang
Jul 24, 2020 at 11:19 AM UTC
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Nio announces price of EC6 starts at 368,000 yuan before subsidies-CnTechPost

Chinese EV maker Nio said today that the Nio EC6 starts at 368,000 yuan ($52,500) before subsidies and deliveries are expected to begin in the second half of September.

Nio announces price of EC6 starts at 368,000 yuan before subsidies-CnTechPost

The car offers six price options with the highest-end model priced at 526,000 yuan before subsidies, the company said at the 2020 Chengdu Auto show.

Pre-order for theย EC6 starts today.ย Customers who pay a deposit of 20,000 yuan for the Nio EC6 between July 24 and August 24 will receive a gift box containing random gifts.

These random gifts include Nio Life products, exclusive Nio experiences, and an opportunity to dine with Nio founder Li Bin at a Michelin restaurant.

Last December at NIO Day, Li Bin unveiled the EC6,ย Nio's third model after the ES8 and ES6.

The first pre-production model of the Nio EC6 rolled off the production line last month.

Meet Nio EC6: SUV with over 600 km rang, 0-100 km/h in 4.7 seconds

The car is powered by a 100 kWh battery pack and has a range of 615 km.

The EC6 has a slide-back design with a low drag coefficient of 0.27Cd, making it the lowest drag in the Nio SUV product family.

The Nio EC6โ€™s direct competitor will be the Tesla Model Y.

At present, Tesla is building its Shanghai Gigafactory phase 2 which is for the Model Y. The expected price for the Model Y is divided into a rear-drive version of long battery range for 444,000 yuan, dual-motor all-wheel-drive long range version for 488,000 yuan, and dual-motor all-wheel-drive high performance version for 535,000 yuan.

However, with the localization of the domestic Tesla Model Y components increasing, the price of Model Y is expected by local analysts to drop to less than 400,000 yuan in the future.

Nio announces price of EC6 starts at 368,000 yuan before subsidies-CnTechPost

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