Nio Inc (NYSE:NIO) stock was trading higher Thursday amid reports that the EV maker is launching its first vehicle under the Onvo brand, marked at a discount versus Tesla Inc (NASDAQ:TSLA). It has reversed the gains since then.
Nio's L60 SUV will be priced around $4,000 less than Tesla's Model Y. Nio plans to deliver the L60 in September.
Nio's CEO, William Li, mentioned in a CNBC interview that he anticipates Onvo will eventually sell its cars internationally.
Nio has historically targeted the premium car market and recently expanded into Europe. However, its monthly deliveries in China have been relatively modest compared to competitors.
Despite fierce competition in China's electric vehicle market, Tesla remains a major player with significant sales.
Nio also confirmed that the L60 uses more affordable batteries supplied by BYD Co (OTC:BYDDF) (OTC:BYDDY). This move comes as global competition from Chinese electric vehicle makers has led to significant new tariffs by the Biden administration, imposing a 100% tariff on Chinese EV imports to the U.S., which Li criticized as "completely unreasonable."
Recently Nio rival XPeng Inc (NYSE:XPEV) also followed suit as reports indicated it is leveraging BYD batteries for its Mona sub-brand.
At the launch event, Alan Ai, president of the Nio sub-brand, said that Onvo vehicles would have access to Nio's battery swap and charging stations network.
Price Action: NIO shares are trading lower by 1.22% to $5.66 at last check Thursday.
蔚來公司(紐約證券交易所代碼:NIO)股價週四走高,原因是有報道稱這家電動汽車製造商正在推出其首款Onvo品牌的汽車,與特斯拉公司(納斯達克股票代碼:TSLA)相比有折扣。自那時以來,它扭轉了漲勢。
蔚來L60 SUV的價格將比特斯拉的Model Y低約4,000美元。蔚來計劃在9月交付L60。
蔚來首席執行官威廉·李在接受CNBC採訪時提到,他預計Onvo最終將在國際上銷售其汽車。
Nio歷來以高檔汽車市場爲目標,最近已擴展到歐洲。但是,與競爭對手相比,其在中國的月交付量相對較小。
儘管中國電動汽車市場競爭激烈,但特斯拉仍然是銷量可觀的主要參與者。
蔚來還證實,L60使用了比亞迪公司(場外交易代碼:BYDD)(場外交易代碼:BYDDY)提供的更實惠的電池。此舉是在來自中國電動汽車製造商的全球競爭導致拜登政府徵收大量新關稅之際採取的,對中國進口到美國的電動汽車徵收100%的關稅,李批評這 “完全不合理”。
最近,蔚來汽車的競爭對手小鵬公司(紐約證券交易所代碼:XPEV)也紛紛效仿,因爲有報道稱蔚來正在爲其Mona子品牌利用比亞迪電池。
在發佈會上,蔚來子品牌總裁艾倫·艾表示,Onvo汽車將可以使用蔚來的電池交換和充電站網絡。
價格走勢:在週四的最後一次檢查中,蔚來汽車股價下跌1.22%,至5.66美元。