Nio vehicles still sell at higher average prices than BMW in China, despite lower-priced ET5 becomes key to sales
Publishtime：2019/08/16
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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.
As a comparison, the average sales price of Tesla Model 3 in January was RMB 264,000, BMW 3 Series was RMB 315,300 and Mercedes-Benz C-Class was RMB 315,400.
In the first 11 months of 2022, the average sales price of Nio vehicles was RMB 440,000, lower than Mercedes-Benz's RMB 500,000 and higher than Lexus' RMB 429,000 and BMW's RMB 409,000, local consultancy Land Roads said in a report released on January 9.