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Nio Inc (NYSE:NIO) stock was trading higher Thursday amid reports that the EV maker is launching its first vehicle under the Onvo brand, marked at a discount versus Tesla Inc (NASDAQ:TSLA). It has reversed the gains since then. Nio’s L60 SUV will be priced around $4,000 less than Tesla’s Model Y. Nio plans to deliver the L60 in September. Nio’s CEO, William Li, mentioned in a CNBC interview that he anticipates Onvo will eventually sell its cars internationally. Also Read: Tesla’s Chinese Rival N ....
InvestorPlace - Stock Market News, Stock Advice & Trading Tips I believe that 2023 is the time to consider some of the best growth stocks. ....
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Since electric vehicles (EVs) are a growing industry, many investors are lookin. ....
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Electric vehicle companies have had a difficult start to the year. With the te. ....
Lay Off Li Auto Stock Until the Chinese EV Sector Shows Signs of Cooling msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.