Audi's debut model under new brand with SAIC to rival Nio ET5 Touring, report says

CnEVPost2024-11-06

The new brand will not use Audi's signature four-ring logo, but will instead use Audi's English name “AUDI” and will also launch a model to rival the Nio ET7, according to local media. (An Audi Q5 e-...

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Image credit: CnEVPost)\nVolkswagen's premium car brand Audi will unveil a new brand and concept car in partnership with SAIC on November 7, with the first model to rival Nio's (NYSE: NIO) ET5 touring shooting brake, according to a report in local media 21jingji today.\nThe new brand will not use Audi's signature four-ring logo, but will instead use Audi's English name “AUDI,” according to the report.\nThe upcoming concept car will be similar in design to the production version of the new brand's first car, a luxury B-segment shooting brake model that is scheduled to go into production next August at a plant in Anting, Shanghai, the report said.\n\n\nJoin us on \nTelegram\n or \nGoogle News\n\n\n\n  .subscription-container {\n    background-color: #f3f3f3;\n    width: 100%;\n    padding: 8px 0;\n    margin: 15px 0;\n  }\n  .subscription-content {\n    max-width: 100%;\n    margin: 0 auto;\n    padding: 0 14px;\n    text-align: center;\n    font-size: 16px;\n    line-height: 1;\n  }\n  .bold-text {\n    font-weight: bold;\n  }\n  .subscribe-button {\n    display: inline-block;\n    background-color: transparent;\n    color: black;\n    text-decoration: none;\n    padding: 5px 5px;\n    border: 1px solid #191970;\n    border-radius: 5px;\n    font-weight: bold;\n    transition: background-color 0.3s ease, color 0.3s ease;\n    margin: 0 5px;\n  }\n  .subscribe-button:hover {\n    background-color: #191970;\n    color: white;\n  }\n\nThe model's key competitor is the Nio ET5 Touring, the report said, citing a person familiar with the matter.\nIn terms of price range, it will also be similar to the Nio ET5 Touring, at the RMB 300,000 yuan ($41,900) level, with the final price to be adjusted based on actual conditions, the person said.\nNio launched the ET5 Touring in China on June 15, 2023, and its deliveries began the day after the launch. The model has the same starting price of RMB 298,000 as the regular ET5 sedan.\nIn the first nine months of this year, the ET5 Touring delivered 36,641 vehicles, contributing 24.54 percent of Nio's deliveries in the same period, according to data compiled by CnEVPost.\n\nThe new Audi model will be built exclusively for the Chinese market, taking into account the needs and market changes here and adding many new features during development, 21jingji quoted the person familiar with the matter as saying.\nThe model will offer an 800 V fast charging system and can accelerate from 0 to 100 kilometers per hour in less than four seconds, according to the report.\nIt will be equipped with Chinese autonomous driving startup Momenta's ADAS (Advanced Driver Assistance System) with mainstream smart driving capabilities, and the mid and high-trim versions will have city NOA (Navigate on Autopilot) capabilities, according to the report.\nSong Feiming, the CEO of the partnership program between Audi and SAIC, had said that the project will no longer target only Mercedes-Benz and BMW, and that Nio and Li Auto are also being studied.\nAfter the first model, the project will also launch two new all-electric models, one of which will be a mid-to-large size sedan, targeting the Nio ET7, and the other will be a mid-to-large SUV (sport utility vehicle), according to the report.\nOn May 20 this year, SAIC announced that it had signed a cooperation agreement with Audi to jointly develop a number of high-end smart electric vehicles for the joint venture SAIC Audi and to jointly develop the Advanced Digitized Platform.\nThe two sides were combining resources to jointly develop a range of EV models, with the first product expected to go on sale in 2025, SAIC said in a statement in May.\nYesterday, another local media outlet, the Economic Daily, reported that the project's first model will be unveiled in Shanghai on November 7, the first in the Purple series.\nThe model will look similar to the Nio ET5 Touring, carry the “AUDI” logo, and feature a purple color, according to the report.\nAt the heart of the Purple series is the platform and electrical architecture of SAIC's IM Motors, and it will utilize SAIC's supply chain, according to the report.\n($1 = RMB 7.1606)\nNio denies it has plans to take over Audi Brussels car plant\n\n HTML部分 \n\nFollow us by email: \n\n\n\n\n\n    Get Newsletter\n  \n\n CSS部分 \n\n.newsletter-container {\n  display: inline-flex;\n  align-items: center;\n  justify-content: space-between; /* 使用space-between来控制两端对齐 */\n  gap: 8px;\n  padding: 6px 50px;  /* 统一左右内边距 */\n  border: 1px solid #000;\n  border-radius: 8px;\n  background: #fff;\n  min-width: 380px;\n  box-sizing: border-box; /* 确保padding计算在宽度内 */\n}\n\n.follow-text {\n  font-size: 15px;\n  color: #000;\n  white-space: nowrap;\n  padding-left: 0; /* 移除可能的左内边距 */\n}\n\n.newsletter-button {\n  display: inline-flex;\n  align-items: center;\n  gap: 4px;\n  padding: 4px 14px;\n  border-radius: 4px;\n  background-color: #f5f5f5;\n  cursor: pointer;\n  font-size: 15px;\n  text-decoration: none;\n  color: #000;\n  transition: all 0.2s ease;\n  white-space: nowrap;\n  margin-right: 0; /* 移除可能的右外边距 */\n}\n\n.newsletter-button:hover {\n  background-color: #e5e5e5;\n}\n\n.plus-icon {\n  display: inline-block;\n  vertical-align: middle;\n  margin-right: 2px;\n}\n\n Convertkit嵌入脚本 \n\n\n\nMore From CnEVPost\n\n\n\n\n \n\n\nChina EV insurance registrations for week ending Nov 3: Nio 4,400, Tesla 15,700, Xiaomi 3,100, BYD 96,300\n\n\n\n\n\n \n\n\nNio adds 65 swap stations in China in Oct, provides 2.45 million battery swaps\n\n\n\n\n\n \n\n\nNio plans to launch 1st hybrid car in 2026, but will only sell in overseas markets, Reuters reports\n\n\n\n\n\n \n\n\nNio delivers 20,976 cars in Oct, largely flat from Sept\n\n\n\n\nShare this post:XFacebookTelegramReddit\">RedditLinkedInPocketEmailWhatsAppPrintThreads CONTENT END 1","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"productRelease","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481627668"}