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Audi’s China E5 Books 10,000 Reservations in 30 Minutes, Raising Stakes for German Rivals

Priced near €28,000 for China, the SAIC-built model spotlights the cost gap pressuring Germany’s premium brands.

Overview

  • The E5 Sportback is sold exclusively in China under a distinct AUDI subbrand that swaps the four rings for a plain wordmark.
  • Developed and manufactured with state-owned SAIC at the Anting facility near Shanghai, the car uses software tailored for Chinese buyers.
  • Audi advertises up to 776 PS, a range of over 600 kilometers, and a cockpit-spanning display, with a starting price around €28,000 that undercuts comparable German-market models by roughly half.
  • Industry outlet Automobilwoche cautions that the roughly 10,000 reservations may not translate into equivalent sales because low-deposit preorders are often used as marketing tools.
  • Audi signals two additional China-focused EV launches within two years as analysts cite cheaper batteries, lower energy costs, scale efficiencies, and thinner margins in China, against a backdrop of German auto job cuts including about 7,500 planned at Audi and more than 50,000 industrywide last year.