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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-832-Onvo-L60
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-deliveries
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
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-stock-Onvo-L60
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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Kia is still offering over $10,000 off its entire EV lineup

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Kia is still offering over ,000 off its entire EV lineup

Kia is extending one of its biggest promotions yet, knocking over $10,000 off every EV in its lineup.

Kia knocks $10,000 off EV models

Who said electric vehicles would get more expensive after the $7,500 federal tax credit ended? Kia must not have gotten the memo.

Last month, Kia launched a new promotion, offering a $10,000 customer cash discount for all EVs, including the EV6, EV9, and Niro EV. The discount knocks nearly 25% off MSRP on Kia’s cheapest model, the Niro EV. On the entry-level EV6, it’s 23% off MSRP, while $10,000 off the EV9 is about an 18% discount.

The discounts ended on December 1, but Kia has extended them for at least another month. During its Season of New Tradition sales event, Kia is now offering even more savings.

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The 2025 Kia EV6 and Niro EV are now eligible for up to $11,000 in customer cash, including a $10,000 cash back offer and a $1,000 retail bonus cash discount.

Kia-EV-$10,000-off
2025 Kia EV6 (Source: Kia)

If you’re looking for something a little bigger, the 2026 EV9, Kia’s three-row electric SUV, is available with up to $10,500 in bonus cash.

If you choose to finance, Kia is offering 0% APR for up to 72 months, plus $3,500 APR Bonus Cash on the EV6 and Niro EV. The larger EV9 is available with 0% APR for up to 60 months with a $3,000 APR Bonus Cash offer.

Kia-another-EV-US
The 2026 Kia EV9 (Source: Kia)

The 2025 Kia Niro EV and EV6 are available to lease, starting at $209 and $309 per month for 24 months. The 2026 EV9 is listed with monthly leases starting at $419.

The new sales event comes after Hyundai extended its EV promotions, keeping the IONIQ 5 as one of the most affordable EV leases in the US, starting at just $189 per month.

Kia’s Seasons of New Traditions sales event runs until January 2, 2026. Some deals may vary by region. You can see offers near you by using the links at the bottom.

Interested in test-driving one for yourself? We can help see what’s available in your area. Check out our links below to find Kia and Hyundai EVs near you.

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New Holland C314 mini track loader gets the full electric treatment

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New Holland C314 mini track loader gets the full electric treatment

New Holland’s already excellent C314 mini track loader is even better for 2026 thanks to the debut of a new, all electric version that offers quiet, low maintenance, and emission-free running for round-the-clock operation.

State and federal governments may still be hashing out emissions laws and ZEV requirements, but it’s the municipal governments that write quiet our laws and noise ordinances, and it’s those laws that construction crews are struggling to work around as they bid for lucrative urban jobs. New Holland understands those construction customers’ needs, and its new C314X Electric mini track loader (announced at last month’s Agritechnica) is designed specifically for them.

“We launched the C314 two years ago, and it has become known for its excellent features,” says Francesca Asteggiano, Europe Construction Brands. “Today, we’re developing an electric version to meet growing demand for quieter, more compact machines — reinforcing our commitment to sustainability and innovation.”

C314X Electric


New Holland’s C314X Electric is designed and built in-house as the zero-emission evolution of the diesel-powered C314, and is powered by a 23.5 kWh li-ion battery that sends power to three electric motors — two drive motors and a single hydraulic motor for the boom.

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The company says the new C314X has a rated operating capacity that matches the diesel unit at 460 kg (~1014 lbs.) and a hinge pin height of 2.2 m (~7.2 ft.).

Though still “just a prototype” at this point, CASE and New Holland products have a history of making it to production. If when it does, company reps say it will be available in two undercarriage configurations, a “narrow track” version 890 mm wide that can fit through garden gates and man doors, and wide track version 1026 mm wide for heavier duty outdoor and agricultural work.

The stand-on machine uses controls that will be familiar to any mini loader operator — especially those with experience behind the controls of the diesel C314 — and all the implements and attachments that work on the diesel version bolt up to the C314X Electric, making it ideal (the company says) for livestock and horticultural farmers, landscape contractors and residential construction operations, thanks to multiple compatible attachments to ensure full versatility to dig, load, drill, and more.

Stay tuned for pricing and availability, likely set to be announced during ConExpo 2026.

SOURCE | IMAGES: New Holland.


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Podcast: Tesla texting and driving, Trump kills mpg, Aptera update, and more

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Podcast: Tesla texting and driving, Trump kills mpg, Aptera update, and more

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss Tesla allowing texting and driving on FSD v14, Trump killing CAFE’s MPG standard, an Aptera update, and more.

The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:

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We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the podcast:

Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET:

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