Tag: ONVO L90
NIO Has Now Produced 800,000 Electric Vehicles
Showing just how far the company has come, Chinese smart EV company NIO just announced that it has now produced its 800,000th electric vehicle. (Of course, it has produced zero non-electric vehicles.) While it is yet to turn a profit, it is notable that the company plans to reach profitability … [continued]
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NIO Aims for Profits in Q4, BYD Factory News in Brazil & Mexico
NIO Profitability? NIO’s got a big target in mind. It is aiming to finally achieve profitability in the 4th quarter of this year. Naturally, that’s a huge deal for the company. Tesla’s stock price soared in 2019 when it finally achieved profitability, and I think most investors assume startup car … [continued]
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NIO Looks to Shatter 3-Row SUV Market with ONVO L90
NIO has just brought a new vehicle model to market, via its new-ish family-oriented brand, ONVO. The model is the ONVO L90. It’s a large, 3-row SUV. NIO indicates that it is a high-end model, but the starting price for the large SUV is just RMB 279,900 (~$39,000). You can … [continued]
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