1 / 9Due to raise in fuel prices electric vehicles are getting more preference in the market, apart from this the prices and mainatince of electric vehicles are also low.2 / 9And now Chinese EV maker Neo has unveiled its second all-electric sedan, the Neo ET5.3 / 9The company has introduced the All Electric ET 5 on the first day of its annual event. And this car will be available only in China from September next year.4 / 9According to reports, the car has a starting price of 3,28,000 yuan (Rs 38,93,918). The entry-level Tesla Model 3 is priced at Rs 30.36 lakh in China.5 / 9The Neo ET 5 electric sedan is powered by 150kWh on the front and 210kWh on the rear. The driver gets a total of 483 hp of power and 700 Nm of torque. The engine can reach 0-100 kmph in 4.3 seconds.6 / 9The company has developed in-house 4-piece fixed clippers, which come with aluminum castings. The ET5 range offers a 550km driving range on a 75kWh battery during testing.7 / 9So, for long range a range of 700 km with 100kWh capacity battery and 1000km range with 150kWh capacity battery can be achieved.8 / 9In technology, it has a 10.2-inch HDR display, which is in the center of the car's dashboard. The system uses AR and VR technology.9 / 9This electric sedan will compete with Tesla's entry level model 3. The car will be available in China next year.