Nio plans to launch its mass market EV brand in May
Publishing timestamp: 2024-03-15 00:53:49
Summary
Nio plans to reveal its mass market brand "Le Dao" in May, targeting families with affordable electric cars. The company has focused on higher-end models but aims to expand its market reach. Other Chinese electric car startups are also entering the mass market segment.
Sentiment: NEUTRAL
Keywords: business news, technology, markets, market insider, breaking news: technology, nio inc, stock markets, autos,
Source: https://www.cnbc.com/2024/03/15/nio-plans-to-launch-its-mass-market-ev-brand-in-may.html