Nio Blitzes SUV Market: Flagship ES9, Onvo L80 Set For May Launch

Nio Inc. (NYSE:NIO) is gearing up for an aggressive SUV expansion, unveiling plans to roll out new flagship and sub-brand models in the coming months as it intensifies competition with rivals including Tesla Inc. (NASDAQ:TSLA) and Li Auto Inc. (NASDAQ:LI) in China's fast-growing electric vehicle market. Qin Lihong, co-founder and president of the automaker, outlined the company's near-term product strategy during a recent community event, CnEV Post reports. He shared timelines covering both the core Nio l ...