Bullet points of Tesla’s Chinese rival Nio cuts price for new Onvo-branded car
Bullet points of Tesla’s Chinese rival Nio cuts price for new Onvo-branded car
- Nio launched its lower-cost brand Onvo, with the L60 SUV starting at 149,900 Chinese yuan ($21,210) with a monthly battery subscription.
- The L60 SUV will start deliveries on September 28.
- Nio plans to start deliveries in the United Arab Emirates in the fourth quarter.
- The company aims to reach 10,000 monthly deliveries in December and 20,000 vehicle deliveries a month next year.
- Nio launched its lower-cost brand Onvo, with the L60 SUV starting at 149,900 Chinese yuan ($21,210) with a monthly battery subscription.
- The L60 SUV will start deliveries on September 28.
- Nio plans to start deliveries in the United Arab Emirates in the fourth quarter.
- The company aims to reach 10,000 monthly deliveries in December and 20,000 vehicle deliveries a month next year.