Audi

Audi claims that the Nio ES6 and ES8 naming infringes on the trademark rights of two of its models, the S6 and S8.

In addition to the pre-sale of the regular versions, Audi announced the official launch of the pioneer version of the Q4 e-tron, but limited to 520 units.

SAIC Audi's Q5 e-tron has a pricing range that overlaps significantly with the Nio ES6, but the specs look lower.

Nio sold 9,829 units in March, higher than BMW's 3,123 units, Mercedes-Benz's 1,199 units and Audi's 116 units of BEVs in China, according to CATARC data.

BMW, Mercedes-Benz and Audi's NEVs are not selling well in China, even salespeople don't recommend them to customers, and some stores sell only one a month.

The Model Y trailed the Mercedes-Benz GLC, BMW X3 and Audi Q5 in China in January, but sold about twice as many units as each of them in February.

Not to mention a match with Tesla, Audi has not even caught up with the "taillights" of the new car-making forces, including Nio and Li Auto, the article said.

This means that Nio's vehicle revenue in December was about RMB 4.65 billion and will easily exceed RMB 10 billion in the fourth quarter.

The project will introduce the PPE EV platform developed by Audi in cooperation with Porsche, with the first model to go into production in 2024.

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, and well above the auto industry average transaction price of RMB 179,000.