Nio’s average sales price in Jan-Nov was about $65,000, report shows
Nio's average sales price of RMB 413,800 ranked fourth in China, lower than Mercedes-Benz's RMB 481,900, but higher than Lexus' RMB 403,000,…
EV battery maker Farasis Energy has reportedly sent samples of semi-solid-state batteries to Mercedes-Benz
Farasis Energy has sent samples of its first-generation semi-solid-state battery with an energy density of 330Wh/kg to Mercedes-Benz, which…
Mercedes-Benz launches EQS to China with starting price 2.4 times that of Nio ET7
Mercedes-Benz offers four versions of the EQS with retail prices of RMB 1,079,600 - RMB 1,518,600.
Beijing Benz builds new battery production line to be used in EQE model
The battery production line is capable of automated, flexible production and can readily adjust the production capacity of different batteries…
Further Reading: Will German luxury car brands face same fate as Nokia in smartphone era?
It's not the first time in history that traditional brands have been hit by innovators.
Further Reading: Why German luxury brands’ EVs fail so badly in China?
This article explains why Mercedes-Benz, BMW, and Audi have suffered a spectacular defeat in China's EV market.
Mercedes-Benz EQA, EQB open for pre-order in China, prices start at around $58,000
The Mercedes-Benz EQC registered 3,472 units in China from January to July, compared to 49,155 units for the Nio in the same period.
Nio sold its vehicles at average price of about $68,600 in Sept, $18,000 higher than Tesla in China
Nio's average sales price in September was RMB 47,500 higher than the average price of high-end brands, and RMB 41,600 higher than BMW.
While Tesla, Nio gain, fuel luxury cars retreat across the board in China
Year-on-year sales performance in Sept: Tesla Model 3 up 68.8%, Nio ES6 up 63.9%, Nio EC6 up 21087.5%, while BMW 5 Series down 21.3%,…
Nio’s insurance registrations in Jan-July exceeded the total of Mercedes-Benz, BMW and Audi EVs in China
The BMW iX3 had 9,171 insurance registrations in China from January to July, the Mercedes-Benz EQC had 3,472 and the Audi e-tron had 790.…