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Chinese EV maker Nio planning mass market foray with new brand, to challenge Toyota and Volkswagen with compact cars priced below 200,000 yuan

Chinese smart electric vehicle (EV) maker Nio is developing mass-market cars to challenge the likes of Volkswagen and Toyota amid growing demand for battery-powered automobiles in China. ....

William Li , Mass Market Cars , Li Auto , Ompact Evs , Autonomous Driving ,