NIO's (NIO) new low-cost electric SUV paves the way for a 'brand revival' analyst claims
September 24, 2024
NIO’s (NIO) new Onvo L60, starting at just $21,200, paves the way for a “brand revival,” according to Deutsche Bank analyst Wang Bin’s team. The new low-cost electric SUV is crucial as NIO takes aim at market leaders like Tesla and BYD.
NIO’s new low-cost electric SUV shines in debut
On Thursday, NIO launched the Onvo L60, officially kicking off its new mass-market brand. The electric…
