Nio's Onvo L80 undercuts Tesla Model Y in China with $36,000 starting price

Nio's Onvo L80 undercuts Tesla Model Y in China with $36,000 starting price

Nio’s budget sub-brand Onvo officially launched the L80, a five-seat electric SUV priced from 245,800 yuan (~$36,020), undercutting Tesla’s Model...

Nio's Onvo L80 opens pre-sale with 2,840L max storage and 605 km range in five-seat SUV segment

Nio's Onvo L80 pre-sale launched. The post Nio’s Onvo L80 opens pre-sale with 2,840L max storage and 605 km range in five-seat SUV segment appeared first on CarNewsChina.com.

Nio’s Onvo L80 undercuts Tesla Model Y in China with $36,000 starting price

Nio's budget sub-brand Onvo officially launched the L80, a five-seat electric SUV priced from 245,800 yuan ($36,020), undercutting Tesla's Model Y by 17,700 yuan ($2,400) in China. The L80 opens pre-orders immediately, with first deliveries scheduled for May 15 - adding another aggressive competitor to the most contested EV segment in the world's largest auto market. more . . .

Nio’s Brand Onvo Undercuts Tesla Model Y With 245,800-Yuan L80 Pre-Sale

Nio Inc.‘s family-focused sub-brand Onvo priced the L80 SUV from 245,800 yuan ($36,020) in pre-sales at a launch event in Beijing on Tuesday, undercutting Tesla‘s Model Y by 17,700 yuan. Tesla‘s best selling model has consistently been among the best selling premium models in China despite increasing competition from the smartphone giant Xiaomi with its YU7 SUV. The pre-sale prices of Onvo‘s third model position the new five-seat model 7.5% belo…