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Onvo L60
Onvo enters with L60, promising high availability and innovative technology at an affordable price Nio, the fast-growing Chinese electric vehicle company, presents the first car of its new, more affordable Onvo brand. The L60, which was officially unveiled in Shanghai, is designed as a direct competitor to the Tesla Model Y, with a starting price set at 12% below the price of the Tesla model. Powered by BYD batteries, the Onvo L60 offers a family-friendly alternative in the lower premium segment without sacrificing performance or technological advancement.

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