NIO ES8, ET5 and ET5T Rank No.1 in Their Segments in J.D. Power China's 2024 NEV-IQS Study
On June 6, J.D. Power, the consumer insight and market research institution, released its 2024 China New Energy Vehicle-Initial Quality Study (NEV-IQS). NIO ES8 and ET5/ET5T ranked first respectively in the premium BEV and midsize BEV car segments.
The NEV-IQS measures new-vehicle quality by examining problems experienced by NEV owners within the first two to six months of ownership, covering 236 problem symptoms across 10 categories, namely, exterior, interior, driving experience, features/controls/displays, infotainment system, climate, seats, powertrain, driving assistance, and battery/charging.
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The quality of NEVs is measured as problems per 100 vehicles (PP100). The lower the value, the better the quality. Eventually, NIO ES8 ranked first in the premium BEV segment at 177 PP100, and ET5/ET5T led the midsize BEV car segment with 185 PP100.
J.D. Power is a globally authoritative institution of automotive data and analytics that provides industry intelligence, consumer insights, consulting and solutions to companies in and outside the automotive industry, and is renowned worldwide for its independence and fairness. NIO has won the first place in its segment in the NEV-IQS for six consecutive years since 2019 with its unmatched products and quality.
Recognized in the market of premium smart electric SUVs priced at RMB 500,000 and above, NIO ES8, the all-round smart electric flagship SUV, has become the first choice of numerous business and financial elites with its grand presence, classy space, comfortable seating, immersive experience, unparalleled performance, and intelligent driving.
NIO ET5 and ET5T have won the favor of urban, trendsetting users with innovative design and outstanding performance, offering more choices for users in the market of premium sedans priced at RMB 300,000 and above. They also won the first place in J.D. Power’s 2024 NEV-APEAL Study released on May 30 in the midsize BEV car segment, thus becoming one of the very few models that ranked first in both the two studies.
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6moManfred Hüttner
Senior Vice President of Global Automotive
6moVery awesome to see. Congratulations team Nio.