Tesla, Nio
China's NIO Says 40% Of Its Store Managers Are Ex-Tesla
NIO Inc. (NYSE:NIO) shares are trading higher on Thursday. Nio’s Onvo currently has 180 store managers in China, with 40% hailing from Tesla, Inc. (NASDAQ:TSLA) and 27% from Li Auto (NASDAQ:LI), according to Xia Qinghua,
Nio’s Onvo L60 Starts At Just Over $21,000 In China As It Targets Model Y
Shoppers who want to hand over as little cash as possible can pick up a brand new Onvo L60 for just 149,900 yuan (~$21,200) and then pay a 599 yuan (~$85) monthly subscription for
China’s Nio to Launch First Onvo SUV, Its Tesla Model Y Challenger
The Onvo L60, a smart electric mid-size family sport utility vehicle, will debut at a launch event in Beijing at 7.30 p.m. today. It has a pre-sale price of CNY219,900 (USD30,400), compared with CNY249,900 for a Model Y in China.
Nio Introduces Affordable Onvo L60 SUV in Push to Compete with Tesla
Nio has introduced a new brand, Onvo, with its first vehicle, the L60 SUV, priced aggressively to compete with Tesla. The L60 starts at 149,900 Chinese yuan
NIO Onvo L60 launches in China with starting price at $21,000
The L60 is positioned to compete directly with Tesla’s Model Y, which retails for 249,900 yuan in China, but brings more interior space and better features. The Onvo L60 will be offered with three different battery pack options: 555 km, 730 km, and over 1000 km.
Nio Drops Onvo L60 Price To Obliterate Tesla’s Model Y, Starts At $21K
Nio has already opened over 100 stores for the Onvo brand in China. All Onvo L60 models are compatible with the automaker’s expansive battery swap network. Next year, a flagship variant with 621 miles (1,
Tesla Faces New Competition in China as Nio Launches Low-Cost SUV
Chinese automaker Nio is launching a budget brand called Onvo, aiming to take on Tesla with its first model, the L60 SUV. Nio, known for its premium electric vehicles, launches this SUV priced at 149,
Tesla's Chinese rival Nio cuts price for new Onvo-branded car
A model with the battery and the car starts at 206,900 yuan. Deliveries are set to begin Sept. 28. HEFEI, China — There's yet another Chinese electric car aiming to undercut Tesla, with a steeper discount.
Alibaba, NIO Stocks Jump. China Rate Cut May Follow Fed Cut.
China stocks closed higher Thursday after the U.S. Federal Reserve cut interest rates for the first time in four years.
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China’s NIO Onvo L60: $21200 for an electric car, batteries — with a subscription from $85/month
The NIO Onvo L60 is positioned as a «family smart electric crossover» that sets a «new standard for family cars». It has a ...
Automotive News2d
Audi's Brussels plant may be bought by China's Nio, paper says
Chinese EV maker Nio has emerged as a potential buyer for Audi 's plant in Brussels, which is facing possible closure. Nio is ...
scmp.com1d
At 17% cheaper, Nio’s Onvo SUV is new threat to Tesla’s market-leading Model Y in China
Tesla’s best selling Model Y is facing a new competitor in mainland China as Nio edges closer to delivering a ...
China’s Nio Taps ArentFox Lawyer for EV Company’s Top US Role
Nio Inc., a Chinese electric vehicle maker facing myriad legal and regulatory issues as it takes on Tesla lnc., has hired a new US legal chief from a law firm that does work for the Elon Musk-led ...
Finbold | Finance in Bold2d
Here’s why Nio stock is rocketing today
A series of new developments may have finally ended Nio stock's long 2024 decline and set the stage for a major upturn.
Electrek2d
NIO (NIO) eyes buying Volkswagen plant in historic market shake up
China’s NIO (NIO) is considering buying Volkswagen’s Audi plant in Brussels. Volkswagen’s plant is at risk of being shut ...
Prediction: This Will Be Nio's Next Big Move
After years of fits and starts, it appears that Nio is finally hitting its stride in vehicle production and sales growth.