Business
May 6, 2024, 5:44 PM
May 6, 2024, 2:58 PM
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Nio to Introduce First Mass-Market Car in May, Executive Confirms

Duesenberg Model Y US business William Li founder and current CEO of NIO Indi EV American EV-startup William Li Canadian oceanographer Nio Chinese car company China town in Ōshima district, Kagoshima prefecture, Japan People's Republic of China country in East Asia First LGBT magazine
Highlights
  • Nio, the Chinese premium electric vehicle maker, is set to unveil its first mass-market car in May.
  • The new EV will be launched under the sub-brand Onvo, targeting competition with the Tesla Model Y.
  • This move marks Nio's expansion into the mass-market segment with high ambitions in the electric vehicle industry.

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