NIO ET5 vs BMW i4 eDrive40
Head-to-head comparison for the Canadian market. Which electric vehicle offers the best value in 2026?
NIO ET5
$55,000
CAD before incentives
560 km
Range
BMW i4 eDrive40
$67,900
CAD
484 km
Range
Our Verdict
The NIO ET5 saves you $12,900 compared to the BMW i4 eDrive40 while offering 76 km more range. In Quebec, after $2,000 in provincial incentives (Chinese EVs not eligible for federal EVAP), the NIO ET5 drops to just $53,000 — making it one of the best value EVs in Canada.
Frequently Asked Questions
Is the NIO ET5 better than the BMW i4 eDrive40?
The NIO ET5 is $12,900 cheaper than the BMW i4 eDrive40 in Canada. It also offers 76 km more range. However, the BMW i4 eDrive40 has established dealer networks across Canada. The best choice depends on your priorities: value (NIO ET5) or brand familiarity (BMW i4 eDrive40).
How much can I save with the NIO ET5 vs BMW i4 eDrive40?
You save $12,900 CAD on the purchase price alone. Over 5 years including fuel and maintenance savings, the total savings could exceed $27,900 compared to a gas vehicle or $12,900 compared to the BMW i4 eDrive40.
When will the NIO ET5 be available in Canada?
Chinese EV brands are expected to begin Canadian sales in late 2026. Sign up for notifications on China-EV.ca to be alerted when specific models become available at dealerships near you.