Nio

Nio sub-brand Onvo's first 105 stores opened today, and for the first time, general consumers will be able to closely experience the brand's first model, the L60.

Onvo will open its first 105 stores in 55 cities in China on September 1, when customers will be able to experience the Coconut system on the L60.

Jiyue said it has taken its partnership with Nio on charging a step further, with owners being able to plug and charge at some Nio chargers.

Nio said false information about it declaring bankruptcy suddenly appeared on the internet and was then widely spread in a malicious manner.

Nio Firefly's first model is expected to be ready by the end of this year, with the smart driving system to be based on a vendor-supplied solution, according to local media.

Nio made significant changes to its BaaS service on March 14, making it easier for car owners to buy out batteries while lowering the cost of monthly rentals.

Nio's retail sales in August are estimated at around 20,000 units, flat year-on-year and flat sequentially, Deutsche Bank said.

Onvo will see its first batch of over 100 stores open on September 1, covering 55 cities, as the official launch of its first model, the L60, nears.

Li Auto had 11,600 insurance registrations last week, Xpeng 2,800, Zeekr 3,000, Leapmotor 6,200 and Aito 9,000.

Nio delivered a record 57,373 vehicles in the second quarter, exceeding the upper end of its guidance range of between 54,000 and 56,000 vehicles.