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12 Jun
18:42

NIO slashes EV prices, removes free battery swapping benefit to new drivers

Chinese premium electric vehicle manufacturer NIO announced on Monday a CNY 30,000 ($4,200) discount on all its models in China, as it decided to take away free battery swapping for new drivers. “After fully listening to users’ opinions and fully considering users’ diversified service needs, NIO decides to adjust the new car prices and car rights,” the company said in a statement. The revised prices start at CNY 298,000 for the ET5 or CNY …
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