Chinese Electric-Car Startup NIO Prices Debut Model at $67,783

Chinese electric-car maker NIO has launched sales of its first vehicle three years after the company was founded, undercutting the price of a rival model from Tesla Inc. Chinese customers can buy the ES8 sports utility vehicle, with a range of 500 kilometers (311 miles) on a single charge, for 448,000 yuan ($67,783), the company …

Continue reading “Chinese Electric-Car Startup NIO Prices Debut Model at $67,783”