After years of fits and starts, it appears that Nio is finally hitting its stride in vehicle production and sales growth.

Nio has introduced a new brand, Onvo, with its first vehicle, the L60 SUV, priced aggressively to compete with Tesla. The L60 ...

Volkswagen's troubles seem to worsen as the German carmaker considers closing car plants in Europe, China, and the US, with ...

Prices rise when you add a battery pack to the L60 but it still undercuts the Tesla Model Y. The entry-level L60 with a 60 ...

Asian equities were largely higher on high volumes driven by FTSE Russell and S&P index rebalances and triple witching in the ...

Best known as a billionaire owner of X, X.AI, SpaceX, Dogecoin, and controversial comments, Elon Musk's main wealth is from ...

NIO (NYSE:NIO) is one of the hottest EV car companies in the world and a top 10 largest in the world (3rd largest in China).

The L60 is positioned to compete directly with Tesla’s Model Y, which retails for 249,900 yuan in China, but brings more ...

Nio, one of Tesla’s Chinese rivals in the EV market, is slashing the price of its new Onvo-branded SUV, the L60.

More than 60% of the customers choosing the Onvo L60 consider battery-swapping technology as the most desirable attribute, ...