Shanghai-based EV maker Nio on Tuesday launched a new 0% financing campaign in Germany for both its ET5 and ET5 Touring models.
Available through the end of August, the company looks to revive sales in Europe’s largest car market after registering just 16 vehicles in June — the lowest result since October 2024 and down 64% year over year.
The offer applies exclusively to existing inventory vehicles, as the premium brand continues efforts to clear stock across its five European markets.
Monthly payments start at €504 and include access to Nio’s Battery-as-a-Service (BaaS) subscription.
“Now benefit from 0% financing,” the company said, promoting the plan with the message: “Experience award-winning design and innovative technology – under the best conditions.”
The vehicles are listed at €47,500, with €950 in delivery fees.
Under the terms, customers pay a €4,750 down payment, followed by a first installment of €292 and 47 monthly payments of €335.
The Battery as a Service (BaaS) Standard Range option adds €169 per month. Nio has currently 20 battery swap stations across Germany.
The final balloon payment is €24,997.50, with a total loan amount of €47,500. The fixed borrowing rate and effective annual interest rate are both 0%.
In late June, Nio introduced another offer in Germany allowing customers to return their vehicle after six months without penalty, as it seeks to increase demand and clear inventory.
The new offer, part of the company’s “Summer Promotion” campaign, applies to Nio’s ET5, ET7, and EL7 models — according to an email sent on Tuesday.
Customers who sign a standard 12-month subscription contract can return the vehicle after six months with no early return fee.
If they choose to keep the vehicle beyond that point, the contract continues until the end of the 12-month term under standard conditions.
In Europe, Nio currently operates in Germany, the Netherlands, Norway, Denmark, and Sweden. The brand has recently debuted in Belgium — one of the more than a dozen new European markets it will enter over the next 18 months.
The Shanghai-based carmaker began its European expansion in Norway in 2021 and entered four additional markets in 2022.
