Nio is Tesla's biggest competitor in the Chinese electric-vehicle market — here's how its ES8 SUV compares with Tesla's Model X

, the first that will be wholly-owned by a foreign car company. For now, Tesla is shipping vehicles to Chinese customers from the United States.The CEO of China's largest electric-car company compares Tesla to high fashion — and says his company is the 'girl next door'

Tesla's primary domestic competition in China's luxury electric-vehicle market is Nio, which released its first vehicle, the ES8 SUV, in 2018. The ES8 has a 355-mile range, up to seven seats, and a starting price of around $67,000. Though it was first released in 2015, Tesla's Model X SUV is the company's closest competitor to the ES8.

Please update this article. This NIO does not get 355 mile range, it gets 355 km range.

My old x3 is 8k euro and has range of 500km. Diesel is cheap.🤣🤣

Made In China.... even childrens knows what it mean. Low cost low quality.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla analyst cuts Model 3 forecast, now sees bear market in stock aheadRBC Capital Markets says delivery issues and lackluster demand will plague Tesla earnings; analyst Spak cuts his stock forecast 14 percent. Model 3 has an ugly nose. Analyst cut Model 3 forecast once before and has no evidence to support this new decision to cut. Evidence suggests Model 3 sales in Feb were huge in Europe and China. Analysts missed Tesla deliveries forecast by wide margin in 2018 and are still working with flawed fcast model.
Source: CNBC - 🏆 12. / 72 Read more »