Cars & Concepts

Nio unveils new crossover, updated ES8

Nio EC7 — With a starting price of 488,000 yuan ($69,800), the EC7 coupe targets Chinese buyers who want more space as well as sporty performance. (NIO)

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By:

Bloomberg

December 24, 2022 08:00 PM

Chinese electric vehicle maker Nio unveiled two models at a glittering annual customer event, expanding its lineup in a bid to grab a bigger share of the market as demand for cars in China slows.

Featured Stories

Tariffs already hurting vehicle affordability as more price hikes loom

Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.

Michael Martinez

Tariffs already hurting vehicle affordability as more price hikes loom

Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says

Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says

Kia technician training program for veterans helps dealership boost productivity

Kia technician training program for veterans helps dealership boost productivity

$11 billion tariff tsunami poised to wash over Japanese automakers looking to boost U.S. output

$11 billion tariff tsunami poised to wash over Japanese automakers looking to boost U.S. output

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