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Nio prepares to launch Tesla Model Y competitor in China under new brand

Credit: Nio | Onvo

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Nio has a new brand in China called Onvo, and it is coming for the Tesla Model Y with its first release.

Onvo’s first vehicle, a small SUV called the L60, will start deliveries later this month and will be roughly 17 percent less expensive than the base Model Y offering in China.

The L60 starts at 206,900 yuan, or $29,267. This is about 43,000 yuan, or $6,084 less expensive than the Model Y.

It also has a range of 555 kilometers or 344 miles. This matches the 554 kilometers the Model Y’s Long Range configuration can go on a full charge.

There is one big difference: Onvo will use battery-swap technology alongside charging infrastructure. The CEO, Ai Tiecheng, told SCMP that the battery swap is safer and more reliable than traditional charging.

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Tesla tried battery swaps years ago, but completely abandoned the idea and technique after customers did not find it as advantageous as simply going to a Supercharger. Now that the Supercharging Network is so robust, it seems like a good idea Tesla decided not to move forward with it.

Tesla shuts down battery swap program in favor of Superchargers, for now

Onvo will offer the service in a subscription package with a one-time charge of 149,900 yuan, or $21,208. It will then cost 599 yuan a month, or $84.75.

Expanding in China

Onvo is also launching a widespread effort to expand its sales presence and plans to open 200 stores in 120 cities by year’s end.

The Chinese automotive market is the most competitive in terms of the EV space, and companies have been fighting for the top spot in the market for years. It is the most concentrated in terms of companies, subsidiaries, and even tech.

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Nio’s thought process behind Onvo is that it will be a brand dedicated to more affordable models in competitive segments. Nio routinely competes with luxury companies like BMW and Audi, and they are priced similarly.

Meanwhile, the L60, along with other Onvo models, will be less luxurious but still offer some of the bells and whistles that other vehicles do.

The midsize SUV segment is also one that attracts buyers of all ages and price ranges. Companies are smart to nail down numerous models at different price points to cater to a variety of customers, and it seems that is what the company is doing now.

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Elon Musk

Tesla’s Elon Musk considers insane Cybertruck mod: ‘Maybe we should make this’

The Cybertruck won’t do what the video shows (at least not in our lifetime), but a very entry-level version of it could be developed.

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Credit: Cybertruck | X

Tesla CEO Elon Musk has teased what could potentially be the company’s next big project, and while it is likely many, many years away, it shows the company truly has its sights set on the craziest things the world has seen.

Musk shared a video created by Grok Imagine, the AI tool that is able to take images and turn them into videos, showing a Cybertruck flying above the clouds and buildings of what appears to be a very futuristic city.

There are also massive robots roaming around in the video, so it is obviously an illustration of what life could look like in several generations.

However, Musk, who does not shy away from some really optimistic projects and goals, shared the video on X and said, “Maybe Tesla should make this.”

What is depicted in the video is not what we’d see Tesla create anytime soon. However, the company could potentially engineer something to make the Cybertruck hover, as it plans to do with the Roadster.

Of course, this is likely a huge “if” considering the current state of the car industry. Vehicles are becoming more advanced with every passing day as companies like Tesla, Waymo, and others are working to sort out things like autonomous and driverless travel.

Tesla has been working on somewhat of a similar idea with the Roadster, a vehicle that has been delayed on several occasions because of Musk’s spectacular imagination. Earlier this year, Tesla’s Chief Designer, Franz von Holzhausen, revealed Musk wanted to push the limits of that vehicle even more.

The new Tesla Roadster will be able to fly: Elon Musk

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It seems it could be on the way soon, considering Tesla has teased an “epic” demo for the car, which could come before the end of the year.

Tesla has been working to make the Roadster hover, using SpaceX cold gas thrusters. It will also utilize these for what could be an incredibly fast 1.1-second 0-60 MPH acceleration rate that has been teased countless times.

This project that Musk is teasing with the Cybertruck is likely one that we will not see in our lifetimes. However, this is just one example of the outlandish ideas Musk continues to tease for Tesla in the future.

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Tesla Model Y L addresses one huge complaint from many owners

If you have ever used a wireless charger inside a Tesla or almost any vehicle, for that matter, you will notice that your phone will charge slowly, and it will get extremely hot. This is mostly due to the inherent inefficiency of electromagnetic induction, which is the process that wireless chargers use to transfer energy to the phone.

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The new Tesla Model Y L is officially launching in China at a great price and with all of the awesome features of the original model, but with more space. The vehicle is also addressing one huge complaint that many owners have discussed.

The new Model Y L features a more spacious interior, new front seats with adjustable headrests, captains chairs, and mechanical armrests in the second row, and B Pillar air vents for improved circulation.

Tesla Model Y L officially launched: price, features, and more

However, there are some other features that are flying under the radar, including one that addresses a common complaint of many Tesla owners: wireless charging.

If you have ever used a wireless charger inside a Tesla or almost any vehicle, for that matter, you will notice that your phone will charge slowly, and it will get extremely hot. This is mostly due to the inherent inefficiency of electromagnetic induction, which is the process that wireless chargers use to transfer energy to the phone.

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The inefficiency is evident in the heat, as that is the lost energy that should be going to the phone, but does not.

To combat this problem, Tesla has rolled out a new feature with the wireless charging mat in the Model Y L.

Tesla has used small slit air vents in the center of the wireless charger, which separates the two pads, to blow cool air on the phones to prevent overheating:

This will keep the temperature of your phone down and could prevent the dreaded “iPhone too hot” message that deems your device unusable until it reaches a more stable temperature.

Additionally, Tesla has upgraded the driver’s side wireless charger to support 50W charging speeds. The passenger charger remains at 30W.

This is a small but valuable improvement to the wireless charging apparatus could be a game changer, as there have been so many complaints about this feature in other Tesla vehicles.

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Tesla Model Y Performance zips around Nurburgring with new features

With the performance, there are some improvements to interior aesthetics, but the goal with this particular trim of Tesla vehicles is to improve performance and aerodynamics, bringing a truly first-class experience to one of the best and fastest vehicles on the road.

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Credit: Wilco Blok on Instagram

The long-awaited Tesla Model Y Performance has been spotted zipping around the famed Nurburgring in Germany, a popular location for new vehicles to test their limits ahead of public release.

Earlier this year, Tesla executives Franz von Holzhausen and Lars Moravy both indicated that the updated and upgraded Model Y Performance would be on its way by the end of 2025, and it appears that time is coming close.

New images captured by Wilco Blok and Teslaplaidtokde on X show the Model Y Performance wrapped in camouflage, sporting a handful of new features as the lightning-fast version of the world’s best-selling vehicle prepares for a launch in various markets across the world:

New Features

According to Blok and Teslaplaidtokde, the new Model Y Performance will feature a variety of new improvements compared to the past version.

This is something that was expected, as the launch of the new Model Y over the past year has shown various changes that made a great vehicle even better.

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With the performance, there are some improvements to interior aesthetics, but the goal with this particular trim of Tesla vehicles is to improve performance and aerodynamics, bringing a truly first-class experience to one of the best and fastest vehicles on the road.

 

View this post on Instagram

 

A post shared by ᴡɪʟᴄᴏ ʙʟᴏᴋ (@wilcoblok)

Here’s what was mentioned as changes so far that have been seen on this test mule at Nurburgring:

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  • New 21″ wheels
  • All black headliner, a big change that was included in the Model Y L, the first time a Model Y has had that option
  • Updated brakes
  • Bucket seats that appear to be similar to the new Model Y L in China
  • New Carbon Fiber Spoiler
  • Performance Badging
  • Changes to both the front and rear bumper
  • Suspension with Adaptive Dampers

 

View this post on Instagram

 

A post shared by ᴡɪʟᴄᴏ ʙʟᴏᴋ (@wilcoblok)

Expected Performance Metrics

These are not official figures, but this is what is expected based on what has been seen at the Nurburgring:

  • 510 horsepower
  • 0-60 MPH in 3.2-3.4 seconds
  • 280-290 miles of range
  • Anticipating the release of a new Track Mode

The previous iteration of the Model Y Performance featured 503 horsepower and a 0-60 MPH of 3.5 seconds. It also had a top speed of 155, which we believe will be improved with the next version of the Y Performance.

Here is some footage of the Model Y Performance running around the Nurburgring ahead of its release:

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Tesla has not yet listed any date or timeframe for the Performance variant to be released. However, it is anticipated to be released by the end of 2025.

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