NIO lowers price of Onvo L60 to beat Tesla Model Y
NIO has opened more than 100 stores in China for the Onvo brand. All Onvo L60 models are compatible with the automaker's extensive battery swap network. Next year, a flagship model with a range of 621 miles (1,000 kilometers) will be released. Ever since the Tesla Model Y became the world’s best-selling electric car, many new and compelling alternatives have been touted as rivals, but none have come close to taking the crown. However, NIO believes the L60 from its mass-market Onvo brand could change that narrative, and is offering it at a very competitive price. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); Not content with just catching up with Tesla, NIO has further lowered the price, announcing in May a price of RMB 219,900 (about $31,200), which is already very competitive and even lower than the Tesla Model Y's RMB 249,900 (about $35,400). Read: NIO…
2025 Hyundai Sonata launches entry-level SE trim, lowers price
Sonata SE returns for 2025 with entry price down to $26,650 The 2025 Hyundai Sonata will bring the entry-level SE trim back into the lineup. Pricing starts at $26,650, which is $850 less than last year's model. Other changes are limited, but prices for other trims rise slightly. What's rarer than a midsize family sedan? In an era of rampant inflation, prices are cut. The 2025 Hyundai Sonata will be available as an entry-level SE model. This drops the base price to $26,650, $850 cheaper than last year's model. MORE: 2025 Kia K5 prices rise to match its new look Although the Sonata SE is at the bottom of the range, it comes with LED lighting, an acoustic windshield and a hands-free smart trunk. It also has 16-inch alloy wheels and cheap side mirrors without heating. Inside, costs are further reduced and drivers can find manual climate controls and a polyurethane steering wheel. Other highlights include cloth seats, a six-speaker…
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