Nio
launches the
Tesla Model X of
China for
half the price
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Chinese electric car startup Nio has launched its first vehicle, the ES8. It's an all-electric, modern SUV that's a direct competitor to Tesla's
Model X — and it costs
half as much.
The
price for the ES8 starts at 448,000 yuan ($67,697) in China, while the
Model X starts at 836,000 yuan ($126,328).*
SEE ALSO:
Here's the new electric big rig that could bring the hammer to Tesla's Semi
Despite being much cheaper than its U.S.-based rival, the
Nio ES8 sounds like it can hold its own against the
Model X. It's a large, all-wheel drive seven seater that accelerates to from 0 to 100km/h in 4.4 seconds. The only downside is it's only available in China.
Read more...
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Cars,
Tesla,
Electric Cars,
Nio, and
Nio Es8