Nio

The new 75-kWh battery pack will not use both LFP cells and ternary cells like its predecessor and will begin deliveries soon with the 2024 models.

Nio confirmed the Onvo name and said the brand's official launch is expected in early-mid May.

Nio has dramatically restructured its BaaS battery rental option in an attempt to make its cars more attractive in the face of fierce price competition, though emphasizing that it's not a response to the ongoing price war.

CATL will also plan and develop battery systems of longer service lives for Nio's upcoming models.

Two uncamouflaged spy photos of a model allegedly under Nio's second brand are circulating on social media today, with the rear end showing the vehicle's English brand name as Onvo.

The ET5 and ES7 had the longest wait times at 7-8 weeks and 8-9 weeks, respectively, while the ET5 Touring, ES6, EC6, EC7, and ES8 all had 2-3 weeks.

Nio's BaaS (battery as a service) service will be upgraded and the company will hold a user communication session following the announcement of the strategy.

Nio has recently started giving away free Nio Phones to customers buying 2024 models, but the entitlement is currently available only for March, according to local media.

BYD's EV insurance registrations in China last week were 49,100, Aito was 8,500 and Zeekr was 1,900.

With large model technology, NOMI can be better integrated with the car experience, Nio said.