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NIO (NYSE: NIO) plans to expand into 25 overseas markets by the end of next year. With its new lower-cost Onvo brand already driving demand, NIO expects to play a much bigger role in the global EV market. Will we see NIO’s electric vehicles launch in the US? Europe?

After its sixth straight month, with over 20,000 vehicles sold in October, NIO appears to be gaining traction.

NIO-branded vehicles accounted for 16,657 of the nearly 21,000 models sold last month, while its new mainstream Onvo brand contributed 4,319 in its first full sales month.

After launching the Onvo L60 at the end of September, NIO’s new midsize electric SUV is already showing promise. Starting at just over $21,000 (149,900 yuan), the L60 is widely compared to Tesla’s top-selling Model Y.

The Onvo electric SUV is cheaper than the Model Y in China, which starts at around $35,000 (249,900 yuan). However, the $21K L60 price is if you rent the battery, which includes an $85 (599 yuan) or $125 (899 yuan) monthly fee, depending on the battery’s size.

NIO-overseas-expansion
NIO Onvo L60 electric SUV at the 2024 Guangzhou International Auto Show (Source: NIO Onvo)

Even with the battery included, NIO Onvo L60 prices still undercut the Tesla Model Y, starting at $29,300 (206,900 yuan).

At 4,828 mm long, 1,930 mm wide, and 1,616 mm tall, NIO’s electric SUV is a direct rival to Tesla’s top seller (4,750 mm long x 1,921 mm wide x 1,624 mm tall).

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 compared to Tesla Model Y prices and range in China

NIO wants more to gain overseas market share

In May 2021, NIO announced it was taking the brand global. By October, the Chinese EV maker opened its first overseas showroom in Norway.

Although the company unveiled plans to enter over 25 overseas markets during NIO Day in December 2021, the expansion has largely stalled.

NIO-overseas-expansion
Onvo L60 electric SUV models (Source: NIO Onvo)

Over the past few years, NIO has focused on its existing overseas markets, including Norway, Germany, the Netherlands, Sweden, and Denmark, but that will soon change.

According to NIO’s president and co-founder, Qin Lihong, the company is standing by its 2021 target.

In a recent interview with Chinese media CGTN (via CnEVPost), Qin said, “I hope that we can expand to up to 25 different countries or regions by the end of next year.”

NIO-Onvo-electric-SUV
NIO Onvo L60 launch event (Source: NIO

NIO’s president added, “We want to enter more than 90 percent of the market presence” in the next five to ten years.

Although no specific markets were mentioned, local media reports suggest they will include major auto hubs like the US, Western Europe, Australia, and New Zealand. However, with tighter regulations on EV imports from China expected, the US could be a hard market for NIO to compete.

NIO-Onvo-L60-interior
NIO Onvo L60 interior (Source: Onvo)

With NIO’s new Onvo L60 gaining momentum, the low-cost brand could play a significant role as the EV maker expands overseas.

According to NIO Onvo’s president, Alan Ai (via CnEVPost), over 7,000 L60 models have been delivered as of November 14. By March 2025, Onvo is expected to deliver over 20,000 models in a single month.

Onvo is also launching its second EV next year, a six or seven-seat electric SUV. NIO’s CEO William Li said the new Onvo model will be “much more competitive” than the L60.

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Save big on heat pumps and solar before Washington pulls the plug

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Save big on heat pumps and solar before Washington pulls the plug

Three years after the Inflation Reduction Act (IRA) became law, Rewiring America is rolling out a new effort to make sure homeowners don’t miss out on major savings.

The Save on Better Appliances campaign is designed to help families take advantage of federal energy tax credits before they expire at the end of 2025, while also showing how modern electric appliances can cut long-term energy costs.

With utility bills climbing, the group is highlighting the benefits of heat pumps, heat pump water heaters, rooftop solar, and other upgrades that can keep homes comfortable while protecting against future price spikes. For many households, energy-efficient appliances are one of the few ways to bring bills under control – and that value remains even after federal incentives are gone.

Right now, homeowners can still access the federal Energy Efficient Home Improvement Credit (25C) and Residential Clean Energy Credit (25D). On top of that, thousands of state, local, and utility-level incentives are available to help offset upfront costs.

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Ari Matusiak, CEO of Rewiring America, pointed out that the IRA incentives were never meant to last forever:

Congress’s decision to repeal them prematurely means households should act fast. But the savings, comfort, and long-term value of these upgrades remain. For homeowners ready to act, we have the tools to help. And for those who need more time, we’re working to expand your options and ensure that these upgrades make financial sense whenever the moment is right.

What the campaign offers

The Save on Better Appliances campaign runs through October and includes:

  • A central hub where homeowners can learn about the expiring credits, check out state, local, and utility incentives, and connect with vetted contractors.
  • Weekly Zoom drop-in sessions with Certified Electric Coaches, starting September 3, to answer questions about home upgrades.
  • Contractor tools, including Rewiring America’s Contractor Finder, soon to be integrated with the BetterHVAC directory for more trusted installer options.
  • A new Single-Project Personal Electrification Planner to help homeowners map out common projects like heat pumps, energy audits, and electrical upgrades.

“I’ve been doing HVAC installations for the past 40 years, and I can tell you that I’ve seen firsthand how the 25C tax credit has made heat pumps, the most efficient HVAC technology, more affordable and accessible for homeowners,” said Scotty Libby, owner of Maine-based Royal River Heat Pumps. “Homeowners should talk to their local contractors now if they want to upgrade their HVAC, take advantage of the tax credit, and lock in the potential long-term energy savings a heat pump would provide.”

Beyond tax credits

Rewiring America is also working with manufacturers, contractors, and lenders to make upgrades more affordable, even without federal help. In Rhode Island and Colorado, families can already access specially priced heat pump packages, with more states on the way. These deals will expand in 2026 and beyond, lowering upfront costs no matter what happens in Washington.

Across the country, state agencies, utilities, and local nonprofits are already leading creative programs to help families save money, find trusted contractors, and begin electrifying their homes. Rewiring America says this campaign is about amplifying that work and making it easier for households to take the first step.

“Tax credits may expire, but the benefits of better HVAC – lower bills, healthier homes, and lasting comfort – are here to stay. That’s why we’re supporting Rewiring America’s campaign,” said Bill Spohn, Sr., president of the Better HVAC Alliance.

Read more: US EV sales stay strong, but looming tariffs threaten affordability


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Scientist exposes anti-wind groups as oil-funded. Now they want to silence him.

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Scientist exposes anti-wind groups as oil-funded. Now they want to silence him.

Oil-funded groups are engaging in strategic harassment to stop scientists from revealing the nature of their politically-linked disinformation networks – in what should be a surprise to nobody.

A new report came out last week from the Climate & Development Lab (CDL) at Brown University, titled “Legal Entanglements: Mapping Connections of Anti-Offshore Wind Groups and their Lawyers in the Eastern United States.”

The study focuses on several examples of law firms with connections to anti-wind groups, the fossil fuel industry, and the American political right wing. These fossil-funded groups have spread disinformation to slow the adoption of clean and cheap wind power, in order to keep America addicted to the poison that the fossil fuel industry wants to keep selling us.

The lab is headed by J Timmons Roberts, but the research was done by various students and faculty at at the lab. The new report builds on former research by the CDL cataloguing extensive connections between these groups and the dark money networks that fund the anti-wind movement.

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Why the East Coast needs offshore wind

Offshore wind, especially in the North Atlantic, is a cheap and abundant form of energy that is heretofore relatively untapped in the US. It also has very little environmental cost, given that its carbon emissions and land use are both zero, and wind tends to be quite consistent over the ocean, making it more reliable as a power source.

Many other countries have successfully implemented offshore wind projects to bring this cheap and clean power to their populaces, with particular booms in China, the UK, Vietnam, Germany and several other Northern European countries (like Denmark, where many large wind power companies are based).

And wind is important for the global transition to renewable energy and the fight against climate change. As a zero-emission power source, it’s essential for meeting the US East Coast’s climate and renewable energy goals, and could provide a huge chunk of the power needs for the entire US Eastern seaboard, where the country’s population is clustered.

However, offshore wind has recently encountered setbacks due to the spread of disinformation from fossil-funded networks, which has made its way into the popular conception and into right-wing politics. (Nevertheless, Americans of all political stripes still support greater deployment of offshore wind)

How and why fossil fuel companies oppose wind

Fossil fuel companies oppose wind power because it would help to wean America off of fossil fuels, displacing coal and methane generation for electricity and enabling greater electrification of the vehicle fleet to wean us off of oil. All of these would result in air quality improvements, cost reductions, health improvements and avoidance of climate change – which are all anathema to the most deadly industry the world has ever seen.

So, fossil fuel companies have developed and funded a complicated network of fake public interest groups, politicians and lawyers to oppose wind power by spreading disinformation. And the CDL’s report highlights how certain legal firms have received funding from fossil fuel companies and/or given support to these fake public interest groups in attempts to sue wind projects out of existence.

While many of these lawsuits have been unsuccessful, they can still add delays to a project, making it more expensive and slower to deploy (which then makes your electricity more expensive). In some cases, the delays can result in project cancellation, like when oil billionaire William Koch sued Cape Wind out of existence via a fake public interest group called the Alliance to Protect Nantucket Sound.

In the report, five specific legal networks are highlighted in particular, showing how each is related to fossil fuels and science denial. The networks have provided representation, written comments, filed lawsuits and otherwise spread disinformation in an attempt to stop the public good that offshore wind power represents.

The nature of the disinformation

The disinformation largely focuses on the North Atlantic Right Whale, a whale whose population is currently experiencing an “unusual mortality event” due to changing climate and Atlantic shipping and fishing.

Anti-wind groups have invoked laws like the Endangers Species Act and Marine Mammal Protection Act, despite the fact that the products of the industry they are funded by are the deadliest thing for marine life.

Burning oil raises both the temperature and acidity of our oceans, disrupting marine ecosystems in profound ways. For example, North Atlantic krill populations have dropped by 50% due to ocean warming driven by fossil fuel use. Krill are the main food source for the North Atlantic Right Whale, which anti-wind groups claim to be interested in protecting, but are in fact aiding the decline of.

Further, whale populations are directly harmed by vessel strikes, which are the leading direct cause of death for North Atlantic Right Whales in recent years. And 29% of those vessels are carrying oil across the globe – shipments that would be unnecessary if transportation were powered by clean renewable energy instead of deadly oil. Not only that, but some of the exact same groups that oppose wind also opposed draft regulations to reduce vessel strikes, showing that they are actually interested in continuing to harm whales, not protecting them.

Law firm responds to the truth by pressuring university to hide it

One of the law firms highlighted in the report, Marzulla Law, sent a letter threatening its authors. Marzulla Law said it would complain to Brown’s funding sources, including the US Department of Energy which a former oil executive is currently squatting as the head of, in an attempt to get the entirety of Brown University’s funding pulled if the CDL doesn’t self-censor its research findings.

The CDL itself is not funded by the Department of Energy, Roberts said to Bloomberg, so the threat isn’t even related to CDL’s funding sources, but to Brown University’s as a whole.

Marzulla Law represented one of the disinformation groups which the CDL has highlighted before, the deceptively-named “Green Oceans.” Green Oceans opposed the Revolution Wind project, which was halted on Friday over fake national security concerns by a convicted felon who is Constitutionally barred from holding office in the US, despite the project already being 80% finished, costing the US billions in waste and increased utility bills.

Mike Herr, a spokesman for Green Oceans said “these oft-repeated lies are designed to discredit the messenger while preventing the public from absorbing the substance of our valid and well-researched concerns,” which is itself an example of the very thing he’s wrongly accusing the researchers of.

Herr’s organization lies about offshore wind, and their attack on science (through their law firm) is designed to discredit the messenger while preventing the public from absorbing the substance of valid and well-researched concerns: the connection between fossil fuels, the republican party, and disinformation that keeps us from embracing superior forms of cheaper, cleaner energy like wind.

Discrediting science and knowledge is increasingly becoming a feature of the American right wing, which is currently on a crusade against universities as it tries to make America stupider.

Roberts called Marzulla’s response “strategic harassment to shut me up and waste my time and make me more cautious,” which is a common reaction faced by truth-tellers in this day and age, particularly when funding from the largest and most deadly industry on the planet, which has repeatedly shown its interest in propaganda, is involved.

For its part, Brown University did not comment on Marzulla’s demands, but did state that “Scholars shape their own research and course of instruction at Brown. One principle that is core to research at Brown is the ability for scholars to discuss contested topics and themes and to have those topics openly debated.”

However, Brown is one of the universities which recently kowtowed to the idiotic demands of an inept moron, making its words about academic independence ring somewhat hollow. We’ll have to see if they step up to defend truth this time around, or bow the knee to one of the dumbest people on the planet once again.


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Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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The Cadillac Optiq vs other electric SUVs: Who’s got the most rear cargo space?

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The Cadillac Optiq vs other electric SUVs: Who's got the most rear cargo space?

The Optiq is Cadillac’s most affordable electric SUV, and it’s already winning over drivers from other brands. Cadillac claims the new entry-level Optiq EV has “segment-best” rear cargo space, but how does it compare to other popular electric SUVs?

Cadillac Optiq EV SUV cargo space comparison

Cadillac has become the “luxury EV leader” in the US, according to GM’s CEO Mary Barra. However, that doesn’t include Tesla, apparently due to its “pricing structure,” a company spokesperson clarified.

In the second quarter, Cadillac was the leading luxury electric vehicle brand by market share and ranked fifth overall.

Cadillac’s surging presence in the luxury EV space is thanks to its growing lineup of electric SUVs. The company now offers an electric model in every segment, including the entry-level Optiq, midsize Lyriq, three-row Vistiq, and even bigger Escalade IQ and IQL.

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According to Barra, nearly 80% of Optiq buyers are new to the brand. The low starting price of under $55,000, over 300 miles of driving range, and tech-heavy interior are big draws. However, the Cadillac Optiq also delivers several “segment-best” features, including rear cargo space.

Cadillac-Optiq-cargo-space
Cadillac Optiq “segment-best” rear cargo area (Source: Cadillac)

How much space does the Optiq really have? To see how it stacks up, Edmunds put it to the test. GM says the 2025 Cadillac Optiq has segment-leading 26 cubic feet of rear cargo space.

The Optiq is smaller than the Lyriq, which has 28 cu ft. It offers about the same amount of space as the Chevy Equinox and Blazer EVs and other electric SUVs priced similarly.

Compared to the Hyundai IONIQ 5, Edmunds said the Optiq offers a more functional rear luggage space thanks to its open design.

Cadillac-Optiq-cargo-space
Cadillac Optiq rear cargo area with seats folded flat (Source: GM)

Like other GM’s other electric SUVs, the Optiq offers an underfloor storage space. However, it is the smallest one in the group.

Although the Optiq “seems to be the worst,” among GM’s other electric SUVs, Edmunds added, it was “only a teensy bit so compared to the Equinox and Blazer EVs.” The Lyriq, on the other hand, offered considerably more space, as expected from a bigger, more premium EV.

Electric SUV Rear Cargo Volume
(cubic feet)
Cadillac Optiq 26
Chevy Equinox EV 26.4
Chevy Blazer EV 25.5
Hyundai IONIQ 5 27.2
Tesla Model Y 29
Cadillac Lyriq 28
Cadillac Optiq vs other electric SUVs rear cargo space comparison

Compared to luxury rivals, it offers much more space than the Audi Q4 E-tron, but significantly less than the Mercedes-Benz EQB. It’s closer to that of the Hyundai IONIQ 6 or Kia EV6.

The 2025 Cadillac Optiq starts at $54,390 and offers up to 302 miles of driving range. At 190″ in length, 75″ in width, and 65″ in height, the Cadillac Optiq is about the same size as the Tesla Model Y (187″ in length x 76″ in width x 64″ in height).

Cadillac-Optiq-EV
2025 Cadillac Optiq EV (Source: Cadillac)

Cadillac is currently offering Optiq leases as low as $439 per month for 24 months for those with a competitive luxury brand vehicle.

Like most deals, this one will end at the end of September, which is when the $7,500 federal EV tax credit is also set to expire.

If you’re looking to try one for yourself, you can use one of our links below to find deals on electric vehicles in your area.

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