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U.S. listed Chinese electric vehicle maker Nio Inc’s (NYSE: NIO) recently-launched electric sedan ET5, which would compete with Tesla Inc’s (NASDAQ: TSLA) Model 3, has become its most pre-ordered model, cnEVpost reported, citing the company CEO William Li. What Happened: The Shanghai, China-based Nio revealed the ET5 on Saturday at the company’s annual day and said its fifth production model was immediately available for pre-order.
...read full article on Benzinga
