Nio, the Chinese electric vehicle (EV) maker, has seen a surge in demand thanks to the launch of its facelifted ES6, EC6, ET5, and ET5 Touring models. According to Deutsche Bank, May deliveries for Nio remained flat month-on-month, a positive sign for the company’s performance.
Deutsche Bank also predicts that Nio is on track to deliver a record total of 75,000 to 80,000 vehicles in the second quarter of 2025. This optimistic forecast is fueled by the strong reception of the updated models and the growing interest in Nio’s EV lineup.
The delivery wait times for Nio’s facelifted ES6 and EC6 models are currently at 2-4 weeks after placing orders, as reported by CnEVPost. These updated SUVs were officially launched on May 16, with deliveries scheduled to begin on May 20. Nio has learned from past experiences and has ensured that there are sufficient vehicles in stock for quick deliveries.
In addition to the ES6 and EC6, Nio is set to launch the updated ET5 sedan and ET5 Touring wagon on May 25. Pre-orders for these models began on May 10, but delivery wait times are not yet available on the Nio App. The company is also experiencing high demand for its ET7, EC7, and ET9 models, with delivery wait times ranging from 2-6 weeks.
Despite the updates and improvements, Nio has maintained the prices of the facelifted models. However, with the removal of the five-year, zero-interest auto financing and local government subsidies, retail prices are expected to rise. Deutsche Bank analyst Wang Bin believes that the value proposition of the updated ES6 and EC6 remains strong, especially with the added autonomous driving capabilities.
The strong performance in May follows Nio’s impressive delivery numbers in April, where the company delivered 23,900 vehicles. Deutsche Bank expects Nio to continue this momentum in the second quarter, with deliveries projected to reach a new high of 75,000 to 80,000 units.
As Nio’s profitability grows and the revamped models boost overall vehicle margins, the company is poised for success in the EV market. With a focus on innovation and customer satisfaction, Nio is cementing its position as a leading player in the electric vehicle industry.
