The Chinese language premium EV model Nio will launch a station wagon model of the ET5 sedan in Europe by the top of this yr, a supply with information of the matter has advised Automotive Information Europe.

The ET5 Touring, which might be a rival to the approaching BMW i5 Touring, was spied on a photograph shoot in Norway forward of its official unveiling on June 15.

It has been designed with European prospects in thoughts, Nio CEO William Li mentioned.

“It’s a really stunning automotive. It has loads of inside house, together with rear headroom,” he mentioned on the sidelines of the Shanghai auto present in April.

The Nio wagon is 4790 mm lengthy, 1960 mm large and 1499 mm tall with a wheelbase of 2888 mm, in keeping with filings made by Nio to China’s copyright authority.

Pricing is anticipated to be barely larger than the ET5 sedan, which begins at 47,500 euros with a 75-kilowatt-hour battery subscription at 168 euros a month in Germany. The battery subscription offers entry to Nio’s community of battery swap stations.

Wagons are a small however essential phase in Europe. That they had a market share of seven.4 % within the first quarter of 2023, in keeping with figures from Dataforce. By far their greatest market is Germany, the place wagons accounted for double the European common share within the first three months at 14.5 %. 

The Nio ET5 Touring’s drivetrain is anticipated to match that of the ET5 sedan, which has an output of 489 hp from a dual-motor, all-wheel-drive association. Most vary with the mannequin’s largest battery, a 100-kWh pack, is greater than 590 km (367 miles) as measured on the WLTP cycle, Nio mentioned.

Nio launched its model globally in 2016 at an occasion in London however restricted gross sales initially to China. The model entered Europe in 2021, beginning in Norway earlier than increasing final yr to Sweden, the Netherlands, Denmark and Germany. The corporate can also be gearing for a U.Okay. launch, which is anticipated to occur in 2024.