NIO (NYSE: NIO) is recalling hundreds of ET5 sedans, a rare recall for the company in recent years.
Effective January 6, 2023, NIO is recalling a total of 997 ET5 electric vehicles manufactured between September 7, 2022, and October 10, 2022, according to an announcement on the website of China's State Administration for Market Regulation (SAMR).
In the event of a serious frontal collision, the front cabin shock tower may crush the high-voltage wire harness after being deformed by the impact, which in extreme cases may cause the high-voltage wire harness to break and short circuit with the body, posing a safety hazard, according to the announcement.
NIO will retrofit the high-voltage wire harness with a high-strength insulating protective cover for the vehicles within the recall free of charge to eliminate the safety hazard.
The ET5 was launched on NIO Day 2021 in December 2021, with first delivery on September 30, 2022. Including the battery, the sedan has a starting price of RMB 328,000 ($46,970), making it the cheapest NIO model.
The ET5 is built at NIO's F2 plant in NeoPark, with all of the company's other models built at the JAC-NIO F1 plant.
NIO delivered a record15,815 vehicles in December, of which the ET5 was 7,594, contributing 48 percent of deliveries.
Since deliveries began in late September 2022, the ET5 has accumulated 11,813 deliveries, according to data monitored by CnEVPost.
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