China’s NIO (NYSE: NIO) delivered over 20,000 vehicles in September, its fifth straight month crossing the mark. In just three days, NIO sold 832 Onvo L60 electric SUVs, the first of its new low-cost EV brand.
NIO ignited the industry after officially launching the Onvo L60 last month. Starting at just $21,200, the electric SUV kicks off NIO’s new affordable sub-brand.
The low starting price tag undercuts rivals, including Tesla’s Model Y, which starts at $34,600 (249,900 yuan) in China.
After handing over the first Onvo L60 on September 28, NIO announced it delivered 832 models in just three days.
NIO’s new electric SUV helped it achieve its second-highest monthly delivery total, with 21,181 vehicles delivered in September. The NIO brand delivered 20,349 models, while the Onvo L60 accounted for the remaining 832.
The growth was enough to put NIO over the 20,000-sales threshold for the fifth consecutive month.
It also helped push NIO to a new quarterly delivery record: 61,855 vehicles were handed over in Q3, up 11.6% from last year.
NIO Onvo L60 electric SUV (Source: Onvo)
NIO delivered 832 Onvo L60 electric SUVs in 3 days
NIO hit its guidance of between 61,000 and 63,000 vehicle deliveries in the third quarter. With L60 deliveries set to accelerate in October, will NIO top its monthly sales record of 21,209 in June?
NIO Onvo L60 electric SUV (Source: NIO)
The low $21,200 (149,900 yuan) price is for the battery rental model, which also includes a monthly subscription fee. The fee is $85 (599 yuan) for the 60 kWh battery or $125 (899 yuan) per month for the 85 kWh battery.
NIO Onvo L60 vs Tesla Model Y trims
Range (CLTC)
Starting Price
NIO Onvo L60 (Battery rental)
555 km (341 mi) 730 km (454 mi)
149,900 yuan ($21,200)
NIO Onvo L60 (60 kWh)
555 km (341 mi)
206,900 yuan ($29,300)
NIO Onvo L60 (85 kWh)
730 km (454 mi)
235,900 yuan ($33,400)
NIO Onvo L60 (150 kWh)
+1,000 km (+621 mi)
TBD
Tesla Model Y RWD
554 km (344 mi)
249,900 yuan ($34,600)
Tesla Model Y AWD Long Range
688 km (427 mi)
290,900 yuan ($40,300)
Tesla Model Y AWD Performance
615 km (382 mi)
354,900 yuan ($49,100)
NIO Onvo L60 vs Tesla Model Y in China
For the battery pack included, L60 prices start at $26,300 (206,900 yuan), still lower than the Model Y.
At 4,828 mm long x 1,930 mm wide x 1,616 mm tall, the L60 is slightly bigger than Tesla’s Model Y (4,750 mm long x 1,921 mm wide x 1,624 mm tall). However, its longer wheelbase (2,950 mm vs. 2,890 mm) gives way more interior space.
NIO Onvo L60 interior (Source: Onvo)
Inside, the L60 is almost a replica of the Model Y. The 17.3″ infotainment screen is the center of an otherwise minimalistic setup.
NIO’s new Onvo L60 is expected to be a genuine rival to the Model Y and other top-selling electric SUVs in China. The low-cost EV is already earning praise from analysts as NIO looks to enter its next growth phase.
NIO (NYSE: NIO) stock chart from October 2023 through October 2024 (Source: TradingView)
NIO shares surged Monday following a new $470 million (RMB 3.3 billion) cash investment to fuel its expansion. NIO stock is up 68% over the last month, but share prices are still down 20% over the past 12 months.
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Former reality TV contestant Sean Duffy. Photo by Gage Skidmore
The White House formally announced its plan to hike US fuel costs by $23 billion today, in the form of a new proposed rule cutting fuel efficiency requirements.
Update 12/3: This article has been updated to reflect the formal announcement of the proposed rule.
Since the beginning of this year, the occupants of the White House have been on a mission to raise costs for Americans.
This mission has encompassed many different moves, most notably through unwise tariffs.
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But another effort has focused on changing policy in a way that will raise fuel costs for Americans, adding to already-high energy prices.
The specific rollback today focuses on a rule passed under President Biden which would save Americans $23 billion in fuel costs by requiring higher fuel economy from auto manufacturers. By making cars use less fuel on average, Americans would not only save money on fuel, but reduce fuel demand which means that prices would go down overall.
The effort to roll back this rule was initially announced on the first day that Sean Duffy started squatting in the head office of the Department of Transportation. Duffy notably earned his transportation expertise by being a contestant on Road Rules: All Stars, a reality TV travel game show.
Then in June, Duffy formally reinterpreted the Corporate Average Fuel Economy (CAFE) standard, claiming falsely that his department does not have authority to regulate fuel economy.
Republicans in Congress even got into effort to raise your fuel costs, as part of their ~$4 trillion giveaway to wealthy elites included a measure to make CAFE rules irrelevant by setting penalties for violating them to $0. In addition, it eliminated a number of other energy efficiency and domestic advanced manufacturing incentives.
Duffy’s department then told automakers that they would not face any fines retroactively to 2022, which saved the automakers (mostly Stellantis) a few hundred million dollars and cost American consumers billions in fuel costs.
Today, Duffy formally announced the proposed changes to the CAFE rules, lowering the required fuel economy for 2022-2031 model year vehicles, even despite all of the other changes in trying to make the rules unenforceable. The theory behind this would be to make it harder to later enforce the rules, and to allow automakers to get off with more pollution, and to increase fuel demand and fuel prices for longer until a real government returns to power and starts doing its job to regulate pollution.
Specifically, the announcement changes the planned 2031 50.5 mpg target to 34.5 mpg, cutting vehicle efficiency by nearly a third, which will lead to a commensurate increase in your fuel costs.
CAFE targets have been in place since the 1970s. In the last two decades, they helped drive a 30% improvement in average fuel economy, saving an average of $7,000 over the lifetime of an average vehicle – and they did this without increasing vehicle prices.
Rollback supported by auto CEOs who want to increase your costs
Today’s announcement was praised by the CEOs of the Big Three American automakers – GM, Ford, and Stellantis (formerly Chrysler). Ford CEO Jim Farley and Stellantis CEO Antonio Filosa attended the announcement at the White House, along with a manager from GM, though Barra signaled her support while speaking at another event.
Despite both Barra and Farley recently making statements claiming their support for electric vehicles, both cravenly supported the rollback in fuel economy standards that will cost you more money at the pump.
Barra said today that “I’m always going to advocate for one national standard and making sure regulatory requirements don’t get in front of the consumer,” despite the fact that GM lobbied against the single national standard that had been agreed to between Obama and California, and that today’s move only increases the gulf between the federal government and California on auto standards.
And Farley, despite acknowledging that the Chinese are trouncing us on EVs, said today that “we can make real progress on carbon emissions and energy efficiency while still giving customers choice and affordability,” which is detached from reality given that today’s moves will reduce affordability and efficiency and increase carbon emissions.
Their support suggests that their prior commitments to energy efficiency and electrification were not serious, as they are now joining in an effort to increase your fuel costs, just to save themselves a few engineering dollars on having to provide something other than the disgusting, deadly land yachts that are a blight on the nation’s roads and are murdering pedestrians at a 50-year high.
This isn’t the only way the White House is trying to raise your costs
Today’s announcement is just one many efforts currently being undertaken by executive departments to try to raise your fuel costs.
One of the largest is the EPA’s attempt to delete the “Endangerment Finding,” the government’s recognition of the scientific fact that climate change is dangerous to humans. The EPA is undertaking this effort so that it can then eliminate other rules intended to reduce pollution, with the goal of making you more beholden to fossil fuels.
Even the Energy Department’s own numbers, signed off on by oil shill Chris Wright, say that changes sought by the White House will increase gas prices by $.76/gal.
Like most other governmental changes, today’s change will likely go up for public comment, as required by the Administrative Procedures Act. We’ll let you know when it does.
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Hyundai is keeping one of the most affordable EV lease deals alive with the IONIQ 5 still available for just $189 a month through December.
What EV deals does Hyundai offer in December?
It’s hard to find any vehicle available to lease for under $200 a month nowadays. The IONIQ 5 is not only one of the most affordable electric vehicles in the US, but also one of the most efficient, fastest-charging, and overall practical options if you’re looking to go electric.
After a major refresh for the 2025 model year, Hyundai’s electric SUV now features a driving range of up to 318 miles, a sharp new look inside and out, and a built-in NACS port so you can recharge at Tesla Superchargers.
Hyundai slashed prices on the 2026 model year by up to $9,800 to compensate for the loss of the federal tax credit, which expired at the end of September. It’s now one of the few EVs with a starting price under $35,000.
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The Hyundai IONIQ 5 (Source: Hyundai)
Although many were worried the savings would disappear, Hyundai is keeping the deals alive with discounts across its entire EV lineup this December.
Hyundai is extending the $189-per-month IONIQ 5 lease offer through January 2, 2026. The deal is for the 2025 Hyundai IONIQ 5 SE Standard Range model with a driving range of 245 miles.
You can still upgrade to the long-range SE RWD trim, with up to 318 miles of driving range, for just $199 per month. Or, if you’re really looking to get crazy, the souped-up XRT model is on sale for only $289 per month.
Hyundai’s lease offer is for 36 months with $3,999 due at signing. If you’re looking to finance, Hyundai is offering 0% APR financing for up to 60 months on all 2025 IONIQ 5 trims.
Hyundai IONIQ 5 Trim
Driving Range (miles)
2025 Starting Price
2026 Starting Price*
Price Reduction
IONIQ 5 SE RWD Standard Range
245
$42,600
$35,000
($7,600)
IONIQ 5 SE RWD
318
$46,650
$37,500
($9,150)
IONIQ 5 SEL RWD
318
$49,600
$39,800
($9,800)
IONIQ 5 Limited RWD
318
$54,300
$45,075
($9,225)
IONIQ 5 SE Dual Motor AWD
290
$50,150
$41,000
($9,150)
IONIQ 5 SEL Dual Motor AWD
290
$53,100
$43,300
($9,800)
IONIQ 5 XRT Dual Motor AWD
259
$55,500
$46,275
($9,225)
IONIQ 5 Limited Dual Motor AWD
269
$58,200
$48,975
($9,225)
2025 vs 2026 Hyundai IONIQ 5 prices and range by trim
The 2026 Hyundai IONIQ 5 is listed for lease starting at $289 a month, or $299 for the longer-ranger SE RWD model.
Looking for something a little bigger? The IONIQ 9, Hyundai’s three-row electric SUV, is available to lease from $419 per month. The offer is also a 36-month lease, but with $4,999 due at signing.
If you’re thinking about going electric, Hyundai’s EV lineup is a great place to start, offering 300+ miles of driving range, sharp designs, and plenty of new tech. Ready to test drive one for yourself? Use the links below to find IONIQ 5, IONIQ 6, and IONIQ 9 models near you.
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Jackery’s Black Friday/Cyber Monday Encore sale continues up to 65% power station discounts + bonus savings from $79
Following the recent holiday shopping rush, Jackery is giving folks more time to save up to 65% on its power stations with its Black Friday/Cyber Monday Encore Sale, complete with 5% (on orders over $1,500) and 7% (on orders over $2,500) extra savings. One notable deal amongst the bunch is the latest HomePower 3600 Plus Portable Power Station bundled with two 200W solar panels for $1,794.55 shipped, after using the code OFFER5 at checkout for an additional 5% off, beating out Amazon’s pricing by $200. This package would run you $3,699 without any discounts, which we first saw drop to this rate (with the extra savings) during the early and full Black Friday sale events, and otherwise kept above $1,994 the rest of the time since its release in September. You’re getting a combined $1,904 savings back to the best price we have tracked. You’ll also find the standalone HomePower 3600 Plus down at its second-lowest $1,614 pricing with the extra savings code. Head below to get the full lineup of deals while they last through the week.
The Jackery HomePower 3600 Plus power station fits neatly in the gap between the HomePower 3000 station (which released shortly before it) and the most expansive Explorer 5000 Plus station. It boasts a capable starting 3,584Wh LiFePO4 capacity that can be bolstered to 21kWh for greater home backup support, with 10 output ports to deliver up to 3,600W of steady power, maxing out a 7,200W.
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Like its HomePower 3000 counterpart, the new HomePower 3600 Plus brings along an expanded list of recharging methods over older legacy models, starting with the standard AC charging that puts it back to full in 2.5 hours. From there, you have the options to use both AC and DC together, plug it up to a gas generator for bypass charging, charge on the go with a car port, or utilize up to its 1,000W maximum solar input.
***Note: None of the prices below have had the extra savings factored in, so be sure to use the code OFFER5 on orders of $1,500 to $2,499 for an additional 5% savings, while orders over $2,500 can use the code OFFER7 to score 7% extra savings.
Anker’s RTK eufy E15 & E18 robot lawn mowers with pure vision FSD cameras retain holiday lows starting from $1,300
Over at Amazon, Anker’s official eufy storefront is offering continued Black Friday/Cyber Monday savings on its E15 Robot Lawn Mower at $1,299.99 shipped (beating its direct pricing by $500) and its E18 Robot Lawn Mower at $1,499.99 shipped, which matches its direct pricing. These two advanced robots go for $1,800 and $2,000 directly from the brand, but can more often be found at Amazon down around $1,400 on average (for the E15) and between $1,700 and $1,600 (for the E18). These deals are retaining their recent holiday savings, giving you $100 and $200 markdowns from the going rates ($500 off both MSRPs) for the best continuing prices we have tracked.
Enjoy nesting feathered friends with Birdfy’s camera & iron guard-equipped smart wooden bird house at new $100 low
Through its official Amazon storefront, Birdfy is offering its Wooden Smart Bird House with iron guard and inside camera at $99.99 shipped, after clipping the on-page $50 off coupon, which beats out the brand’s direct pricing by $30. Fetching $150 at full price, this model has seen much fewer discounts than other models we’ve featured at 9to5Toys, with discounts having gone as low as $120 before today. Now, you can pick one up for your yard or as a gift for the birder in your life with $50 savings to a new all-time low price.
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
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