NIO New Low Cost EV a Hit in China Market

Investment Analysis Clubs Macro Economic Trends and Risks
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With a starting price of around $21,000 (149,900 yuan), NIO’s new electric SUV undercuts many rivals, including Tesla’s top-selling Model Y, which starts at around $35,000 (249,900 yuan) in China.

Wow! Fast out the gate similar to Xaiomi. What’s with them Chinese?

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