Chinese automaker Aiways has given its U5 full-electric midsize crossover a competitive price to lure buyers away from more expensive rival models from Hyundai and Kia.
The U5, the first model from the 4-year-old, Shanghai-based automaker, will start at 37,990 euros in Germany, which is below the base price of the Kia EV6 (44,990 euros) and Hyundai Ioniq 5 (41,900 euros).
The U5 however will face stiff competition in Germany from the lower priced Volkswagen ID4 (37,415 euros) and the Skoda Enyaq iV (33,500 euros).