PARIS — China’s premium electric vehicle maker Nio is on track to unveil a new model under a mass-market brand by the end of this month and a second smaller EV to be sold in Europe next year for less than $30,000, a senior executive told Reuters on Monday. Nio has created the sub-brand Onvo [...]read moreNio on track to unveil its first mass-market car in May, executive says
Photo: Maja Hitij (Getty Images) A mass-market, low-cost electric family car has long been touted as the holy grail of EVs with the potential to be as transformative to society as the Ford Model T was in the early 20th century. Elon Musk promised to deliver this dream, but those plans have seemingly been put [...]read moreTesla Cancels Mass-Market $25,000 Car, Musk Says This Is A Lie
Electric vehicle sales were stronger than ever last year, but automakers have work to do before they’re out of the woods with the relatively new propulsion technology. J.D. Power found that charging remains a significant issue for EV owners and noted that the experience is getting worse. Its 2024 Electric Vehicle Experience Ownership Study also [...]read moreTop 10 mass-market electric cars ranked by J.D. Power in 2024