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09-23

Nio Onvo first vehicle

Market Chatter: Nio to Start Deliveries of Full-Electric SUV Before September-End

Chinese automaker NIO will start delivering its first fully electric SUV model L60 Sport later this month, the South China Morning Post reported Thursday.The SUV will be priced 17% cheaper than Tesla's Model Y, according to the report.The vehicle will have a 555-kilometer range per charge and batteries can be swapped within a few minutes, the publication noted.

Market Chatter: Nio to Start Deliveries of Full-Electric SUV Before September-End

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