Nio's new ET5 EV rivals the Model 3 with a claimed 620-mile range

Nio's soon-to-arrive ET7 is practically tailor-made to challenge Tesla's Model S, and now the company appears to have a (partial) answer to the Model 3. Electreksays Nio has introduced the ET5, a more affordable "mid-size" electric sedan. It starts at RMB 328,000 (about $51,450), or well under the roughly $70,000 of the ET7, but offers similarly grandiose range figures. Nio claims the base 75kWh battery offers over 341 miles of range using China's test cycle, while the highest-end 150kWh "Ultral...