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    Nio’s Onvo L90 Launch: Price, Specs, and Market Impact

    Nio’s Onvo L90 Launch: Price, Specs, and Market Impact

    Nio launched the Onvo L90 SUV, starting at RMB 279,900. Morgan Stanley reiterated a Buy rating, expecting the launch to be a catalyst. Nio shares rallied. Second-quarter sales expectations are $2.69B-$2.77B.


    Tesla Has A New Chinese Electric Vehicle Competitor: How A Company That Used To Sell Cheap TVs Is Entering EV Race – Tesla (NASDAQ:TSLA)

    Tesla Has A New Chinese Electric Vehicle Competitor: How A Company That Used To Sell Cheap TVs Is Entering EV Race – Tesla (NASDAQ:TSLA)

    Tesla IncTSLA has dominated the electric vehicle sector for years, but is seeing its global market share under pressure in China and other territories with Chinese EV companies launching low-cost models.