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. Provincial incentives vary — Quebec's Roulez Vert offers $2,000 for eligible models, while Manitoba explicitly excludes China-built EVs from its rebate program.
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 vs XPeng P7
$55,000 vs $48,000
NIO ET7 vs BMW i5 eDrive40
$72,000 vs $72,900
XPeng G6 vs NIO ET5
$42,000 vs $55,000
NIO ET7 vs Audi e-tron GT
$72,000 vs $84,900
NIO ET7 vs Polestar 2
$72,000 vs $53,950
NIO ET5 Prices by City
Frequently Asked Questions
Is the NIO ET5 available in Canada?
Not yet for retail sale, but the trade path is open: since March 1, 2026, Chinese-built EVs enter Canada at a 6.1% tariff (replacing the former 100% surtax) within a federal quota of 49,000 vehicles per year. NIO is building out its dealership network, with the first Canadian retail sales targeted for late 2026. No exact on-sale date has been announced.
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.