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,
NIO Onvo L60 launches with cheaper prices than expected starting at just $21,200
With the battery included, the NIO Onvo L60 starts at $29,300 (206,900 yuan), still cheaper than pre-sale prices. That’s for the 60 kWh battery model with up to 341 miles (555 km) CLTC range. The larger (85 kWh) battery model is available starting at $33,400 (235,900 yuan) and has a CLTC range of up to 454 miles (730 km).
At 17% cheaper, Nio’s Onvo SUV is new threat to Tesla’s market-leading Model Y in China
New models have continued to chip away at Model Y’s dominance on the mainland, where deliveries slumped 17 per cent this year through July.
China's NIO Says 40% Of Its Store Managers Are Ex-Tesla
NIO's Onvo reveals that 40% of its store managers come from Tesla, intensifying the competition as it prepares to launch the L60.
Nio is not interested in Audi factory in Brussels; launches Onvo L60
That was quick: barely 24 hours after rumours emerged that Nio could take over the Audi factory in Brussels, the Chinese electric car manufacturer has denied the possibility. Meanwhile, the new Nio sub-brand Onvo is celebrating the market debut of its first vehicle.
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 Undercuts Tesla With Price Drop for New Onvo-branded SUV
Nio, one of Tesla’s Chinese rivals in the EV market, is slashing the price of its new Onvo-branded SUV, the L60.
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.
Nio CEO says its Onvo and Firefly brands are targeting a 'broader, global market'
William Li, CEO of the Chinese electric vehicle brand, outlines the company's rationale for rolling out Onvo and Firefly.
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NIO’s (NIO) new low-cost electric SUV paves the way for a ‘brand revival’ analyst claims
NIO’s (NIO) new Onvo L60, starting at just $21,200, paves the way for a “brand revival,” according to Deutsche ...
Nio Is About to Shift Into a Higher Gear
Nio's sales are rising, it posted a strong second quarter, and two new brands could shift the company into a higher gear.
NIO: The ONVO Gamble Could Worsen Liquidity Crunch
NIO’s Q2 earnings showed signs of disciplined cost management. Read why I remain bearish on the stock due to the company’s ...
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At 17% cheaper, Nio's Onvo SUV is new threat to Tesla's market-leading Model Y in China
"The car, with swappable battery, is safer and more reliable," Ai Tiecheng, Onvo's CEO said when unveiling the new model on Thursday. "Onvo will open 200 stores in 120 cities across mainland China ...