Nio Cuts Prices By $4,200 On All Models via insideevs.com
So far this year, Nio hasn't had the most impressive sales figures compared to its previous ones. In May, the Chinese automaker delivered. Volume-wise, Nio was down compared to April of this year and May 2022. Meanwhile, Tesla China's sales increased in May year-over-year and over April 2023, yielding 77,695 units.
Considering Nio's lower sales figures, the EV enterprise aimed to restructure its pricing and features to remain more competitive and profitable. On Monday, Nio stated it would decrease pricing by $4,200 on all models and begin charging for its battery-swapping service. Interestingly, Nio's CEO, William Li, said the firm wouldGallery: 2023 NIO ES6
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