CnEVPost Newsletter: NIO launches ET5 Touring; XPeng rolls out Tesla FSD-like feature in Beijing
Pricing for the ET5 Touring is identical to the regular ET5, with a starting price in China of RMB 298,000 including the battery, and deliveries will begin on June 16.
NIO officially launched the ET5 Touring today, and this article contains the main contents of the launch event.
The NIO ET5 Touring offers more trunk space while improving the high driver's seat that the regular ET5 was complained about. The key now is the price.
XPeng will enter an accelerating positive feedback loop starting in the third quarter of this year and will see faster growth from the third quarter of next year to the end of 2025, XPeng's CEO said.
City NGP feature is expected to cover dozens of additional cities within the year, XPeng said.
Only about 2 months ago on April 13, Buick launched the Electra E5 SUV -- its first model based on GM's Ultium platform -- in China.
At present, 89 percent of the new energy heavy trucks are pure electric models, and half of them support battery swap.
More on CnEVData:
Auto dealer inventory factor rose 15.23 percent in May compared to April, signaling a decline in the auto industry sentiment.
This is the same as in April and up from 12.13 percent in the same month last year.
German brands had a share of 20.60 percent in May, while Japanese brands were 18 percent.
China's retail sales of passenger cars in May were 1,742,063 units, up 28.7 percent year-on-year.
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