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Nio es8

Nio lowers prices for the next-gen ES8 in China

Nio has unveiled the third generation of its large electric SUV model ES8 (called EL8 in Europe) in China and started pre-sales at prices starting at 416,800 yuan (around 50,000 euros). Nio founder William Li wants to increase sales with this move, as he says the company is fighting for survival. (UPDATE BELOW)

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