Review · NIO
NIO ET5 Review Canada 2026
Everything you need to know about the NIO ET5 for Canada — pricing, range, specs, winter performance, and how it compares to the competition.
Starting Price
$48,000
CAD (est.)
Range
700 km km
WLTP
0-100 km/h
4.3 s (0-100 km/h)
seconds
Battery
100 kWh (NMC)
kWh
Overview
The NIO ET5 is a sedan from NIO, one of China's leading EV manufacturers. NIO is known for its innovative battery swap technology and premium NIO House ownership community.
With a range of 700 km km on the WLTP cycle, the ET5 offers excellent range for Canadian conditions. In winter temperatures around -20°C (common in cities like Montreal, Ottawa, and Winnipeg), expect approximately 525 km of real-world range — a 25% reduction that is standard across all EVs.
At an estimated $48,000 CAD, the ET5 positions itself as a strong value proposition in the Canadian market. Note that Chinese EVs are not eligible for the federal EVAP rebate ($5,000). Provincial incentives vary: Quebec offers $2,000 (Roulez vert) and Manitoba offers $4,000.
Full Specifications
| Range (WLTP) | 700 km km |
| Battery Capacity | 100 kWh (NMC) kWh |
| 0-100 km/h | 4.3 s (0-100 km/h) s |
| Top Speed | 200 km/h km/h |
| Power | 360 kW |
| Drivetrain | AWD |
| Fast Charging | 250 kW DC |
| Seats | 5 |
| Cargo | 386 L L |
| Weight | 2140 kg kg |
Compare NIO ET5
NIO ET5 vs BMW i4 eDrive40
$55,000 vs $67,900
NIO ET5 vs Tesla Model 3 LR
$55,000 vs $59,990
NIO ET5 vs Polestar 2
$55,000 vs $53,950
NIO ET5 vs Mercedes-Benz EQA 250+
$55,000 vs $56,900
NIO ET5 vs Audi e-tron GT
$55,000 vs $106,000
NIO ET5 vs Hyundai Ioniq 6
$55,000 vs $47,299
NIO ET7 vs BMW i7 eDrive50
$72,000 vs $125,900
NIO ET7 vs Tesla Model S
$72,000 vs $104,990
NIO ET7 vs Mercedes-Benz EQE 350+
$72,000 vs $79,900
XPeng P7 vs NIO ET5
$48,000 vs $55,000
NIO ET7 vs Porsche Taycan 4S
$72,000 vs $137,000
NIO ET5 vs Tesla Model Y LR
$55,000 vs $59,990
NIO ET5 Prices by City
Frequently Asked Questions
Is the NIO ET5 available in Canada?
The NIO ET5 is not yet officially available in Canada due to the 100% tariff on Chinese-made vehicles. NIO is expected to begin Canadian sales once the trade situation is resolved, potentially in late 2026 or 2027.
How much will the NIO ET5 cost in Canada?
The estimated Canadian price for the NIO ET5 is $48,000 CAD. Chinese EVs are not eligible for the federal EVAP rebate ($5,000), but provincial incentives may apply (e.g., Quebec $2,000, PEI $4,000, Yukon/Northwest Territories $5,000).
What is the range of the NIO ET5?
The NIO ET5 offers 700 km km of WLTP range. In Canadian winter conditions (-20°C), expect approximately 525 km (25% reduction). LFP batteries in BYD vehicles are particularly resilient in cold weather.
How does the NIO ET5 compare to Tesla?
The NIO ET5 offers competitive pricing ($48,000) compared to similar Tesla models. Key advantages include advanced battery technology and typically better value. Tesla offers a larger charging network and stronger brand recognition in Canada.