0456 GMT - NIO's Onvo L90 seems to offer better value and user satisfaction than Li Auto's i8, Citi analysts say in a note. The Onvo L90 has a starting price of 265,800 yuan, compared with 321,800 yuan for the Li i8. Citi thinks the monthly run-rate for NIO's new car could reach 8,000 to 9,000 units, slightly ahead of market consensus, thanks to its attractive pricing and rich interior features. The L90 is now a clear standout among large battery-electric SUVs on the Chinese market, Citi says. It maintains a buy rating on NIO with a target price of $8.10. ADRs last closed at $4.87. (jiahui.huang@wsj.com; @ivy_jiahuihuang)
(END) Dow Jones Newswires
August 01, 2025 00:56 ET (04:56 GMT)
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