Nio Inc (NIO)

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Nio to launch EC6 electric coupe on Sept 15
By: Investing.com | September 11, 2023

Chinese EV maker, Nio Inc. (NYSE:NIO) announced Monday that the company will officially launch their new EC6 on Friday, September 15th.

Nio will hold a launch event starting at 8 pm to launch the all-new EC6, a smart electric coupe SUV, the Chinese electric vehicle maker announced today.

Last week, a Weibo (NASDAQ:WB) user quoted Nio's co-founder and president, Qin Lihong, who mentioned at a partner conference that Nio is gearing up to unveil the new EC6 on September 15 and will commence deliveries shortly thereafter.

During an analyst call held on August 29, Nio's management discussed their plans to launch and start delivering the upgraded mid-size coupe SUV, the EC6, in September. This launch marks the completion of a full product transition based on the NT 2.0 platform, as per the company's announcement made after reporting its second-quarter earnings.

The Nio App has recently updated its EC6 page, allowing consumers to start making reservations for this model.

Customers now have the option to place a deposit of RMB 5,000 (approximately $680) to secure their reservation for the upcoming EC6 model. By doing so, they will gain access to exclusive pre-sale perks for a limited time. Additionally, those who pre-order will have the opportunity to earn Nio Credits rewards valued at RMB 1,000 when they finalize their order.

Shares of NIO are up 2.54% in afternoon trading on Monday.

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