Nio’s Onvo L80 undercuts Tesla Model Y in China with $36,000 starting price
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Summary
<div class="feat-image"><img src="https://electrek.co/wp-content/uploads/sites/3/2026/04/Onvo-L80-hero.jpeg?quality=82&strip=all&w=1600" /></div><p>Nio’s budget sub-brand Onvo officially launched the L80, a five-seat electric SUV priced from 245,800 yuan (~$36,020), undercutting Tesla’s Model Y by 17,700 yuan (~$2,400) in China.</p> <p>The L80 opens pre-orders immediately, with first deliveries scheduled for May 15 — adding another aggressive competitor to the most contested EV segment in the world’s largest auto market.</p> <a class="more-link" href="https://electrek.co/2026/04/28/nio-onvo-l80-undercuts-tesla-model-y-china-price-2/#more-465205">more…</a>
<div class="feat-image"><img src="https://electrek.co/wp-content/uploads/sites/3/2026/04/Onvo-L80-hero.jpeg?quality=82&strip=all&w=1600" /></div><p>Nio’s budget sub-brand Onvo officially launched the L80, a five-seat electric SUV priced from 245,800 yuan (~$36,020), undercutting Tesla’s Model Y by 17,700 yuan (~$2,400) in China.</p>
<p>The L80 opens pre-orders immediately, with first deliveries scheduled for May 15 — adding another aggressive competitor to the most contested EV segment in the world’s largest auto market.</p>
<a class="more-link" href="https://electrek.co/2026/04/28/nio-onvo-l80-undercuts-tesla-model-y-china-price-2/#more-465205">more…</a>