On Thursday, NIO officially launched its new Tesla Model Y rival, the Onvo L60. Starting at just $21,200 (149,900 yuan), NIO’s new electric SUV hits the market with cheaper prices than expected.

Termini Imerese prosecutor Ambrogio Cartosio confirmed the investigation but said no suspect is currently identified. Investigators are hoping to salvage the ship, which is lying on the seabed 164 ...

Nio brand Onvo has announced that the first L60 vehicle has come off the production line. Onvo, which is targeted at families, says the L60 is an SUV which will compete with Tesla’s Model Y.

The Onvo L60 has a 900-volt platform, better efficiency and it’s more affordable than Tesla’s Model Y. Andrei Nedelea ...

NIO’s answer to the Tesla Model Y, its new Onvo L60 electric SUV, just rolled off the assembly line. As production kicks off, NIO’s Onvo brand unveiled interior details for the first time.

With prices starting at 219,900 yuan ($30,465, £23,990), the L60 SUV is more than 10% cheaper than the world's most popular EV, Tesla's Model Y, which has a price tag of 249,900 yuan. It comes in ...