Nio

Nio'S New Brand Onvo Aims To Outshine Tesla

Nio’s New Brand Onvo Aims to Outshine Tesla

Chinese electric vehicle (EV) manufacturer Nio has unveiled Onvo, a new, budget-friendly sub-brand set to challenge Tesla in the competitive EV market. The first car from this brand, the L60 SUV, is positioned to be a significant contender, offering a…

Nio'S Narrow Loss: A Glimpse Of Profitability

Nio’s Narrow Loss: A Glimpse of Profitability

Nio’s Comeback: Narrowing Losses Signal Rising Hope Nio, China’s prominent electric vehicle (EV) maker, saw its shares reportedly jump by 4% following a report of narrower-than-expected losses, signaling a potential turnaround for the company. Amidst a fiercely competitive EV market…