- Onvo delivered about 19,720 units in October, with exact figures expected later today.
- This delivery volume would mark Onvo's highest monthly total, surpassing its previous record of 16,434 units set in August.
Onvo, a sub-brand of Nio Inc (NYSE: NIO), has reached the milestone of 110,000 deliveries, suggesting monthly deliveries of nearly 20,000 units last month.
Onvo shared this milestone on Weibo today, just 14 days after its 100,000th delivery on October 18.
This implies Onvo delivered roughly 19,720 vehicles in October, considering its cumulative deliveries of 90,279 units by the end of September.
This delivery volume would represent Onvo's highest monthly figure, surpassing its previous record of 16,434 units set in August.
Nio is expected to announce its October delivery figures later today.
Nio Inc delivered 34,749 vehicles in September, comprising 13,728 units under the Nio main brand, 15,246 units under Onvo, and 5,775 units under Firefly.
Nio officially launched the Onvo brand on May 15, 2024, to enter the mass market after years of exploring the premium segment with its main Nio brand.
Onvo's first model, the L60 five-seat SUV, was officially launched on September 19, 2024.
On September 19 this year, marking the L60's one-year anniversary, Onvo launched an updated L60 with unchanged pricing. Deliveries of the updated L60 commenced on October 26.
On July 31, Onvo launched the L90 large SUV, offering six-seat and seven-seat configurations. Deliveries for the L90 commenced on August 1.
Onvo had originally planned to launch the new L80 five-seat large electric SUV this year, but delayed its rollout to next year due to tight factory production capacity.
The Nio main brand will introduce the ES9 flagship electric SUV next year, further expanding its SUV lineup.
