CATARC
Nio vehicles still sell at higher average prices than BMW in China, despite lower-priced ET5 becomes key to sales
Nio vehicles sold for an average of RMB 413,300 ($60,700) in January, higher than BMW's RMB 399,400 and Lexus' RMB 390,600 in China.
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Li Auto's EREV models lead large SUV sales in China in Dec
Li Auto appears to be competing primarily with the internal combustion engine-powered SUVs of Mercedes-Benz and BMW, and is already clearly ahead in sales.
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Nio's sales beat BMW, Mercedes-Benz and Audi's BEVs combined in China in March
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.
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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.
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Xpeng's average sales price exceeds $39,000, CEO says
He said that three of China's top 10 electric vehicle brands currently sell for more than 250,000 yuan, including Tesla and Xpeng.
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