Good to see other brands and what models are being sold what are their best sellers in terms of price. Xpeng hit record high but curious on which models and plans buyers took?
Below example...etc...If fireflies are priced the same as the entry level of mona will Nio also hit 30k even without incentive?
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TWP PaPa OP : Tesla, BYD Ramp Up China Incentives in End-of-Year Sales Push Bloomberg - ?
Dragon Fish : Is the firefly model looking like XPeng Cheapskate model ? Nio is too late to release the Firefly model. XPeng is capturing the market share earlier than Nio. Nio production constraint until the F3 is ready by 3rd Qtr is hampering Nio total deliveries. Nio may face another problem as buyers booking more Firefly model and reduce Nio model further or even affecting Onvo model too.
TWP PaPa OP Dragon Fish : if I cash rich, look for high end comfort, I will get Nio, if the budget and for my family enjoy the road trip in ease will get onvo..
if not much cash, maybe consider other brands with good reviews and easy maintenance.Like last time Toyota Vios or Honda Jazz or fits.
Dragon Fish TWP PaPa OP : China consumers now go for cheapest as possible model as battery lifespan is an issue. They can scrap their EV then to buy a new cheapskate EV without much pain if the price is affordable. Premium EV will lose more after the battery lifespan is over. They cannot scrap or resell it will cause them lose substantially.
TWP PaPa OP Dragon Fish : No really, if within 3-5 years the battery died, replacing a new car will be expensive also waiting time to produce and scrap got zero value as no resale value, company will treat the car as junk also charge you to pay for disposal charge.
TWP PaPa OP Dragon Fish : 1 OnVo is about 2 low end mona..
Onvo’s only model is the L60 SUV, which was launched in September in China as a Tesla Model Y competitor. It starts at 206,900 yuan (28,580 USD) for a 60 kWh version equipped with a BYD blade battery, Nvidia Drive Orin chip, and 240 kW rear motor (322 hp). The dimensions are (L/W/H) 4828/1930/1616 mm, and the wheelbase is 2950 mm.
Dragon Fish TWP PaPa OP : Onvo and Tesla which one is more popular? Tesla better brand name compared with Nio. That's the fact. Nio trying to undercut Tesla selling cheaper and Tesla also cut further to prevent lost of market share. Tesla gross margin is higher than Nio so they still can afford to cut the selling price further. What can Onvo do now ? Cut further to fight Tesla and other Chinese EV makers?