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Sales of Chinese electric cars in Europe fell by 48%

During August 2024, Chinese automakers recorded their lowest sales of electric vehicles in Europe in the past 18 months. The number of registrations last month dropped by 48% compared to the same period last year. This decline resulted in a decrease ...

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China's NIO Onvo L60: $21200 for an electric car, batteries are subscription-based starting at $85/month

NIO has unveiled its new competitor to the Tesla Model Y — the Onvo L60. However, the Chinese electric crossover is offered at a significantly lower price. The NIO Onvo L60 is marketed as a "smart family electric crossover" that sets a "new standard...

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