SAIC Audi
SAIC, Audi formally sign tie-up deal, 1st jointly developed EV due to hit market in 2025
SAIC and Audi are combining their resources to jointly develop a series of EV models, with the first product expected to go on sale in 2025.
SAIC Audi's Q5 e-tron SUV goes on sale in China with starting price of about $55,760
SAIC Audi's Q5 e-tron has a pricing range that overlaps significantly with the Nio ES6, but the specs look lower.
SAIC Audi exec expects 40% of luxury car market to be EVs by 2025
Audi believes that by 2030, sales of EVs could reach 2 million units in the high-end luxury car market.
