Rising F7 is a 5-meter-long electric sedan with a 536hp AWD powertrain and 666km of CLTC-certified range for less than $21,200. How? Keep reading to find out!
Let’s start with the brand because that is where the secret is located. Together with other names including MG, Roewe, and Maxus, SAIC is the parent company of Rising Auto. To compete with Nio, SAIC established a joint venture in September of last year with CATL, Shanghai Automobile City, and China National Petroleum Corp.
Nio ET7, which is 5.1 meters long, will be challenged by the Rising F7, the second electric vehicle from Rising Auto. It is very huge, measuring 5 meters. Like Nio, Rising F7 has a battery that can be changed out at Rising Power-branded stations located all around China in a matter of minutes.
There are three batteries and two powertrains available for the automobile. The batteries feature capacities of 64kWh, 77kWh, or 90kWh, and their respective CLTC-certified ranges are 500km, 576km, and 666km. The single-motor RWD version of the F7, which has 250 kW (335 horsepower) and 400 Nm of torque, and the dual-motor AWD F7, both have 400 kW (536 hp) and 700 Nm of torque. Both vehicles are swift, reaching 100 km/h in 5.7 and 3.7 seconds, respectively.
Rising F7 EV has a 43-inch dashboard-spanning screen inside that rivals the ones in the Mercedes-Benz EQE and EQS. Rising OS, a house-developed operating system that utilizes a Snapdragon 8155 processor, controls the vehicle. Believe it or not, the car has only two physical buttons – and those would be the two scroll wheels on the steering wheel.
Here’s the catch with that price point we mentioned in the beginning – purchasing a Rising F7 without the battery is the most affordable way to get behind the wheel. The cost of the vehicle drops to $21, 200 if the battery rental option is chosen. The least costly AWD variant with the smallest battery costs at least $30,490, and the most expensive one costs $43,800 at the current exchange rate.
With combined annual sales of more than 5 million vehicles, SAIC, a state-owned firm and one of China’s Big 4 automakers, does not require outside finance and has sufficient resources to subsidize new brands. A few years from now, Rising Auto will have enough battery swap stations to compete with Nio, and at this pricing, its cars will be flying off the showroom floor. Rising Auto may not be earning any money right away, but in a few years, it will.