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Nio launches the Onvo L60 SUV, throwing down gauntlet to Tesla’s Model Y

The Onvo sub-brand expands Nio’s electric vehicle lineup beyond its focus on premium consumers.

2 mins read
  • Factory utilization for new energy vehicles has dropped to 50%, far below the breakeven point.

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    China’s EV overcapacity spurs global fears of more price cuts

    3 mins read

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