Nio Onvo
Onvo chief says deliveries to speed up, reiterates confidence in meeting Dec target
Onvo's president re-emphasized that this month's target of delivering more than 10,000 units will be met, after weekly data showed that deliveries remained slow last week.
Nio touches on wide range of topics in year-end media meet, here's everything you need to know
The first model from the Nio battery swap alliance is doing winter testing, and the Firefly sub-brand will start selling in Europe next year.
Nio expects Onvo sub-brand to sell around 240,000 units in 2025, report says
Nio expects the Onvo sub-brand to sell around 240,000 units for the full year in 2025, with the Firefly sub-brand selling around 5,000 units per month, according to local media.
Onvo L60 wait time further shortened to 8-10 weeks
Chinese customers ordering the Onvo L60 now have an estimated delivery wait time of 8-10 weeks, down from 10-14 weeks previously.
Onvo president reiterates confidence of delivering over 10,000 units in Dec
Deliveries of the L60 are proceeding at a set pace with a goal of delivering more than 10,000 units in a single month in December, Onvo president said.
Deutsche Bank expects Nio brand to sell 223,000 cars in 2025, Onvo 219,000, Firefly 8,000
Deutsche Bank raised its sales forecast for Nio Inc in 2025, using the same 450,000 full-year 2025 sales assumption as the company's guidance.
Nio Onvo aims to have up to 1,000 stores by end of 2025, report says
Onvo aims to have at least 500 stores by March next year and 800-1,000 by the end of 2025, according to local media.
Nio Onvo says deliveries have exceeded 7,000, reiterates monthly volume to exceed 20,000 in Mar 2025
Orders for the Onvo L60 far outperformed those for other models launched at the same time, with production orders already lined up for the first quarter of next year, Onvo president said.
Nio Onvo L60 wait time slightly reduced to 10-14 weeks
Chinese customers who currently buy the Onvo L60 are expected to get deliveries 10-14 weeks after locking in their orders, down from 12-16 weeks previously.
Nio Onvo's 2nd model expected to be released by end of Q1 2025, report says
The new mid-to-large-size SUV will be a key weapon in Onvo's drive to boost deliveries next year, a local media report said.