NIO ET7 2024 Basic (70 kWh) in Egypt

While the Xiaomi Auto SU7 has a starting price of EGP 3,100,000 and the Cadillac CT5-V Blackwing is priced at EGP 5,387,614, the NIO ET7 2024 Basic (70 kWh) stands at EGP 4,066,400. One of 3 available trim levels, the NIO ET7 2024 Basic (70 kWh) is available with ABS Anti-Lock Brake System, Power Mirrors, Power Windows, Alloy Rims, Power Locks, Leather Seats.
This Chinese Sedan comes with a N/A - Electric Electric engine that generates 653 horsepower and 850 Nm of torque. On the other hand, the Xiaomi Auto and Cadillac CT5-V come with a and a engine respectively.
For Egypt, the average price of the NIO ET7 2024 including all versions is EGP 4,230,600. Factoring in annual depreciation of 35%, we expect the NIO ET7 2024 Basic (70 kWh) to cost EGP 2,643,160 on the used car market by next year.