![Nio Is Launching a More Affordable Brand in Direct Challenge to Tesla](https://img.easybranches.com/uploads/news/2024/05/nio-is-launching-a-more-affordable-brand-in-direct-challenge-to-tesla.jpg)
(Bloomberg) — Nio Inc. is launching a more affordable brand in China — a bid by the Chinese premium electric-vehicle maker to gain a firmer foothold in the world’s most competitive market as Tesla Inc.’s momentum slips. Read More
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