Nio has released the Onvo L90 electric crossover: 6 seats, refrigerator, 600 km of range for less than $42 thousand.
The Chinese car market is no longer just hot, it’s a real electric car storm. New models are coming out like clockwork, and the competition is almost like TikTok for attention. Chinese electric car manufacturer Nio has expanded its lineup and offered a new full-size crossover as part of its mass-market-oriented Onvo brand. This brand was…
Smaller than a Smart and smarter than a Mini: Nio Firefly is an affordable compact electric car for the city with a price of €18.4 thousand.
Nio held a specialized event, Nio Day 2024, during which it officially unveiled its third and most affordable brand, Firefly. At the same time, the first car under the new brand was presented. The compact city electric vehicle has the same name – simply Firefly.
Sales of Chinese electric vehicles in Europe fell by 48%
In August 2024, Chinese automakers sold the fewest electric vehicles in Europe over the past 18 months. The number of registrations last month decreased by 48% compared to the same period last year. This drop led to a decline in the share of Chinese brands for the second month in a row.
China's NIO Onvo L60: $21200 for an electric car, batteries — with a subscription from $85/month
NIO has presented its new competitor to Tesla Model Y – Onvo L60. However, the Chinese electric crossover is offered at a much lower price.
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