ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the third edition …
Read More »Chinese startup NIO undercuts Tesla with $67,783 debut model
Bloomberg Chinese electric-car maker NIO has launched sales of its first vehicle three years after the company was founded, undercutting the price of a rival model from Tesla Inc. Chinese customers can buy the ES8 sports utility vehicle, with a range of 500 kilometres on a single charge, for 448,000 yuan ($67,783), the company said in Beijing. That compares with …
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