Li Bin s first car of NIO s second brand will be 10 times cheaper than the Tesla Model Y

Mondo Cars Updated on 2024-03-06

Fast Technology reported on March 5 that Weilai Automobile today released its financial report for the fourth quarter and full year of 2023, which shows that Weilai's annual revenue in 2023 is 556200 million yuan, a year-on-year increase of 129%, another record high.

At the earnings conference this evening, Li Bin, chairman of NIO, revealed that the first car of NIO's second brand also supports battery swapping, and its cost will be 10% cheaper than that of Model Y (the current Tesla Model Y guide price is 25.).89-36.390,000 yuan);

The second car is a model focused on the family market and has been modeled; The third car is currently being planned;

NIO's financial report also shows that NIO's second brand will be oriented to the mainstream home market, and the first model will be released and delivered this year.

Previously, Li Bin also said that those who bought Tesla Model Y in the near future can wait, which means that the new model is expected to be in front of everyone soon.

In addition, it is worth noting that a group of suspected road test spy photos of SUV models under the Alps sub-brand of NIO (internal code name DOM) have been circulating on the Internet recently.

The spy photos are for the coupe SUV style, and the test rear window is also labeled with the slogan "better than Edamame Y", which can be seen that the first model of NIO's second brand is highly benchmarked against Tesla Model Y.

If it is 10% cheaper than Model Y, the car's starting price can drop to about 230,000 yuan.

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