Category: Nio

China EV insurance registrations for week ending May 12: Nio 4,400, Tesla 9,800, BYD 68,500, Xiaomi 1,100

For May 1-12, Nio was 5,600, Xpeng 2,800, Li Auto 10,800, Xiaomi 2,000, Tesla 16,900, and BYD 101,300 units.

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Nio to officially launch Onvo brand on May 15, debut model to take on Tesla Model Y

Onvo's first model, the Onvo L60, will take on the Tesla Model Y, targeting the market for smart, all-electric SUVs for families in the RMB 250,000 yuan ($34,600) class, Nio said.

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