Nio

The Onvo L60 Black Knight Edition is based on the SUV's entry-level variant, with a price increase of 2.42 percent. Only 666 units will be offered.

Onvo plans to add over 8,000 new battery packs compatible with its vehicles at battery swap stations by mid-January 2026.

Hong Kong actor Louis Koo became the 40,000th L90 owner and the first to get the L90 Black Knight Edition.

Onvo unveiled the L60 Black Knight Edition, limited to 666 units, with launch and deliveries scheduled for December 5.

The ES8 accounted for 29.43 percent of Nio Inc's November deliveries, marking its highest share since October 2020.

Nio Inc recorded its second-highest monthly deliveries in November, though down from October as its Onvo sub-brand saw a month-on-month drop.

Nio needs to deliver about 20,000 third-generation ES8s in December to meet its target of 40,000 deliveries this year for the model.

Nio will spare no effort to achieve its target of turning a profit in the fourth quarter and accept any possibility, William Li said.

Analysts at CMB International believe Nio won't be able to break even in the fourth quarter, citing the difficulty in controlling sales and administrative expenses.

Nio will launch two new models in the second quarter of 2026 and one new model in the third quarter.