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Benzinga
Benzinga
Technology
Rachit Vats

Tesla Rival Nio Now Bumping Up Prices Of Its ET7 Sedans

Nio Inc (NYSE: NIO) is bumping up the price of its premium electric sedan ET7 from May 23 onwards due to an increase in global raw material prices, CnEVpost reported on Friday, citing the electric vehicle maker.

What Happened: Shanghai-based Nio will hike the starting prices of all ET7 models by $1,470 later this month.

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