Shanghai to ease Covid measures from June 1st making NIO’s ES7 announcement imminent

Written by Cláudio Afonso | | LinkedIn | Twitter

On Monday, Shanghai issued the notice on the Resumption of Public Transportation in and out of Residential Areas starting next Wednesday, on the first day of June. As EV reported last week, NIO‘s Co-founder Lihong, said the company would unveil NIO ES7 model “right away” making the announcement expectable for later this week.

On Sunday, NIO‘s General Manager in Shanghai also confirmed that also the test drives will resume on June 1. Shanghai Government said earlier today that the access to residential areas will be restored except for medium and high-risk areas, closed and controlled areas.

“All districts, towns, village committees, industry committees, and property companies shall not restrict the entry and exit of villagers living in their communities for any reason,” Shangai Government said.

During a Conference held on February, Lihong said: “Officially named ES7, the model will be between ES6 and ES8. It is positioned as a medium and large five-seater SUV with an NT2.0 platform. The comfortable one is stronger. ES7 is competing with X5, the two most competitive five-seater SUVs this year.”

The model has been spotted several times during the last weeks, he model was spotted again on-road tests in China. The new SUV model will be officially unveiled within 3 weeks, as announced by the EV maker.

The first photos of NIO ES7 leaked on December 29th, showing some differences compared with the existing models. Deliveries in China are expected to start during Q4 2022 with the European Market receiving the first units early next year.

On January 17th, the model was spotted on the road in China under Spy Mode. These tests on the road are part of the process for any company months before launching a new model.

Lihong added that model will target the same market that BMW X5: “ES7 is competing with X5, the two most competitive five-seater SUVs this year”. Although the company didn’t confirmed the final price yet, it is expectable to start around ¥382,000 ($60,000USD). The 2022 BMW X5 xDrive45e Plug In Hybrid costs ¥382,200 so NIO ES7 price may be around $55,000 – $65,000.

Written by Cláudio Afonso | | LinkedIn | Twitter