Official website of NIO's ONVO mass-market car brand goes online gasgoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gasgoo.com Daily Mail and Mail on Sunday newspapers.
Nio Inc's expansion strategy gains momentum with the imminent launch of its mass-market EV model, targeting affordability without compromising quality. CEO William Li's confirmation of the Onvo sub-brand's focus on challenging Tesla's Model Y underscores Nio's commitment to global competitiveness.
"Nio is currently working on the launch of new car brands, that would be less premium, still obviously 100% electric, and more suited for the European market needs," Nicolas Vincelot, general manager for France, said during a France-China business forum in Paris.
Nio to launch mass-market Onvo, Firefly brands to challenge Tesla autonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autonews.com Daily Mail and Mail on Sunday newspapers.
Nio on track to unveil its first mass-market car in May, executive says yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.