The video of Nio launching the new EC6 features a phone showing the device with extremely narrow bezels and support for on-screen fingerprint unlocking.
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The new EC6 starts at RMB 358,000, or RMB 288,000 under the battery rental purchase option.
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If sales continue up the S-curves, EVs will make up between 62 percent and 86 percent of global car sales by 2030, with China's EV market share reaching at least 90 percent.
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By the end of this year, Shenzhen residents can receive a subsidy of up to RMB 10,000 if they purchase NEVs when they scrap their old fuel cars.
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At the current rate of consumption, coal will only last for 200 more years and oil for 50 more years, said BYD chairman Wang Chuanfu.
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Xpeng will hold a launch event for the new G9 on September 19 in Dunhuang, Gansu province in northwest China, where its CEO will explain how the model will be back on the offensive.
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This will be the second time Nio uses a new launch format to introduce a new product, following the launch of its ET5 Touring in June.
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Wait times for the Nio ES8 have been shortened from 6-7 weeks to 5-6 weeks, the EC7 has been shortened from about 4 weeks to 3-4 weeks, and the ET5 and ET5 Touring have both gone from about 3 weeks to 4-5 weeks.
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The EU should create a fair, non-discriminatory and predictable market environment for the joint development of the EV industry in China and Europe and jointly oppose trade protectionism, China's Ministry of Commerce said.
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Xpeng plans to add 500 integrated stores with sales and service functions, 1,000 experience centers and satellite stores over the next three years, according to local media.
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