Nio starts taking orders for 2024 models: Prices unchanged, deliveries of 5 models to start in Mar

Nio (NYSE: NIO) has started accepting customer orders for its 2024 model refreshes, except for the ET7 sedan, which will be updated slightly later.

Seven models -- the 2024 ES8, ES7, EC7, ES6, EC6, ET5, and ET5 Touring -- have begun allowing orders to be locked in, with no change in starting prices, Nio announced today.

This video cannot be played because of a technical error.(Error Code: 102006)

Nio previously had eight models on sale -- ES8, ES7, ES6, EC7, EC6, ET7, ET5, ET5 Touring -- of which the first five are SUVs and the last three are sedans.

The 2024 ET7 will be released and begin allowing order lock-ins in April, Nio said.

Deliveries of the new ES8, EC7, ES6, EC6, and ET5 Touring will begin in March, the ET5 in April, and the ES7 in May.

The 2,023 models are still on sale, and the company is offering short-term purchase incentives for these cars, and those interested can inquire in stores, Nio said.

The updated 2024 Nio models will feature a new central computing platform, ADAM, powered by Qualcomm Snapdragon's fourth-generation cockpit chip, the SA8295P, Nio said.

Other key upgrades include:

2024 ES8:

Adds standard four soft headrests and offers silver as a new optional color.

A multifunctional executive table developed specifically for the ES8 will be available in Nio's online store in March. 2023 ES8 owners can also buy and install it.

2024 ES7:

A new standard rear seat massage feature and four soft headrests are added to enhance seating comfort.

The steering wheel area features new toggles, and the head-up display (HUD) is upgraded to 16 inches in size.

More options have been added: a new color, silver, 22-inch high-gloss wheels, and an N-Box entertainment console.

2024 EC7:

Adds standard 4 soft headrests.

2024 ES6 and EC6:

Through software optimization, the 2024 ES6 and EC6 equipped with a 75-kWh standard range battery pack and 20-inch wheels will see the CLTC range increase to 500 km and 505k m, respectively.

The 2023 models will also see a range increase via a software update.

2024 ET5:

New optional N-Box entertainment console.

Nio announced on January 17 that it will start deliveries of 2024 models in early March, with discounts available for the purchase of 2023 models.

The company did not mention the exact amount of the discounts, and according to local media, they range from RMB 24,000 ($3,340) to RMB 40,000, varying from model to model.