Nio said not to join China’s EV price war. Now it’s cutting $4K across all models

Nio, one of China’s homegrown Tesla challengers, has slashed the prices of all its models by 30,000 yuan ($4,200), the NYSE-listed premium electric vehicle upstart announced on Monday.
The news came as EV makers enter a price war in the world’s largest auto market, where BYD, the 28-year-old, Shenzhen-based company known for its affordable hybrid plug-ins, enjoys a significant lead.
From January to April this year, the Warren Buffet-backed manufacturer shipped about 600,000 vehicles, giving it a 35.3% share of the “new energy” market, which includes battery electric, pl

リンク元