Nio Inc (NYSE: NIO) has announced the extension of its 5-year, 0-interest financing plan for the Nio main brand until March 31. This offer is available for customers who make a deposit to purchase a Nio-branded vehicle between March 1 and March 31. The company revealed that the down payment for a Nio vehicle can be as low as RMB 45,600 ($6,260), with potential interest savings of up to RMB 44,300.
The extended financing plan covers a range of Nio models, including the ET5/ET5T, ES6, EC6, ET7, EC7, and ES8. However, it is important to note that the offer does not apply to the Nio ES7 or the ET9, the deliveries of which have not yet commenced.
In addition to the 5-year, 0-interest financing plan, Nio is also continuing to offer other benefits for customers who purchase Nio vehicles in March. These benefits include 48 free battery swap services, an option fund worth RMB 10,000, and 5 years of free NOP+ (Navigate on Pilot Plus) access, valued at RMB 22,800.
It is worth mentioning that Nio’s sub-brand Onvo has also launched a 5-year, 0-interest financing plan, aligning with the main brand’s offer. However, the overall benefits of Onvo’s financing program have been slightly reduced compared to previous offers.
Looking ahead, Nio Inc is set to release new products every quarter from the second to the fourth quarter of this year, according to the company’s founder, chairman, and CEO, William Li. This strategic move aims to keep Nio at the forefront of the electric vehicle market.
Overall, with the extended financing plan and ongoing benefits, Nio continues to provide attractive incentives for customers looking to purchase electric vehicles. The company’s commitment to innovation and customer satisfaction positions it as a key player in the EV industry.
