Nio Unveils $36,000 EV SUV to Challenge Tesla, BYD in China
Nio’s new Onvo L80 undercuts Tesla’s Model Y by $2,400, with 90% of buyers opting for its battery-subscription model. Nio launched the Onvo L80, a budget electric SUV priced at $36,000, positioning it as a direct competitor to Tesla’s Model Y in China. The vehicle is $2,40