Nio, one of China’s homegrown Tesla challengers, has slashed the prices of all its models by 30,000 yuan ($4,200), the NYSE-listed premium electric vehicle upstart announced on Monday. The news came as EV makers enter a price war in the world’s largest auto market, where BYD, the 28-year-old, Shenzhen-based company known for its affordable hybrid […]
Nio said not to join China’s EV price war. Now it’s cutting $4K across all models by Rita Liao originally published on TechCrunch...