Investing.com investing.com 09 Jan, 2021 16:15 am

Nio launches first electric sedan model as Tesla delivers China-built SUV By Reuters

Nio launches first electric sedan model as Tesla delivers China-built SUV By Reuters
Nio launches first electric sedan model as Tesla delivers China-built SUV

The starting price will be 378,000 yuan ($58,378) for the car without the battery pack, one of the most expensive EV components, which can then be leased from the company.With the battery pack, the starting price is 448,000 yuan.The Californian automaker, which is selling Shanghai-made Model 3 sedans, has just started selling its Model Y vehicles at a starting price of 339,900 yuan.Chinese electric vehicle maker Nio Inc's product launch event in Chengdu p CHENGDU, China/SHANGHAI (Reuters) - Chinese electric vehicle (EV) maker Nio (NYSE: NIO ) Inc on Saturday launched its first sedan model, eyeing a greater share of the world's largest car market.

Investors have poured billions of dollars into electric vehicle development.GM changes brand logo to highlight EV future p (Reuters) - General Motors (NYSE:GM) on Friday unveiled a new corporate logo, its first major logo change since 1964, as part of a new campaign to accelerate the automaker's focus.

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