Nio cuts EV prices as Tesla debuts 3-row Model Y L in China
Nio slashed prices on its 100-kWh long-range EVs by 20,000 yuan, with ET5 and ET5 Touring now starting at 336,000 yuan. Buyers this year will get vouchers worth the same amount. The move comes as Tesla unveiled its new three-row Model Y L, priced from 339,000 yuan, with expanded space and a 327-mile range.