NIO cuts prices of all its models by CNY 30,000

On June 12, NIO announced that it will cut the starting prices of all its new models by CNY 30,000 as from the day. This will bring the starting price of the ET5, an entry-level model, below CNY 300,000, or to CNY 228,000 with BaaS (Battery as a Service).
Concurrently, NIO announced adjustments to user rights and in....

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