Tesla Challenger: Nio Unveils L60 SUV to Rival Model Y – Starting at $30,465!
Shanghai, China – Nio, a prominent electric vehicle (EV) manufacturer, has recently unveiled their newest offering under the lower-priced brand, Onvo. This move is seen as a direct challenge to Tesla’s popular Model Y SUV in the global EV market, where competition is intensifying. Priced at 219,900 yuan (approximately $30,465 USD, £23,990 GBP), the Onvo L60 SUV is positioned more than 10% lower than Tesla’s Model Y, which has a cost of 249,900 yuan. The …