Onvo

Onvo is Nio's sub-brand aimed at the mass market, with the first model, the Onvo L60, launched in September 2024.
Launched: May 2024
Parent: Nio Inc
Website: onvo.cn
  • Nio Onvo starts pre-sales for updated L60 SUV, eyes June 11 launch

    The updated Onvo L60 began pre-sales at the Shenzhen Auto Show today, offering versions equipped with LiDAR and the Shenji NX9031 chip.

  • Nio Onvo to start pre-sales for updated L60 SUV on May 29

    The updated Onvo L60 will offer versions equipped with LiDAR and Nio's in-house developed Shenji NX9031 autonomous driving chip.

  • Over 90% of initial Onvo L80 buyers opt for BaaS battery rental

    The Onvo L80 starts at 242,800 yuan ($35,810) with the battery pack included, dropping to 156,800 yuan under the BaaS model.

  • Nio slows overseas expansion to focus on domestic market and profitability

    William Li said Nio will not exit overseas markets but will slow its pace and evaluate return on investment more cautiously.

  • Analysts expect Onvo L80 monthly sales trajectory to mirror L90

    Deutsche Bank expects Onvo L80 monthly sales to reach around 10,000 units in the short term before stabilizing at about 4,000 units.

  • Nio Onvo begins L80 deliveries in China

    Onvo held a delivery ceremony for the first owners at Nio's Hefei F1 factory, with deliveries starting simultaneously in 15 other cities.

  • Nio expands mass-market lineup with official launch of Onvo L80

    The final starting price of the Onvo L80, including the battery pack, is 242,800 yuan, down 1.22% from its pre-sales price.

  • Nio Onvo to start pre-sales of updated L60 at Shenzhen Auto Show later this month

    The upcoming Shenzhen auto show will be held from May 29 to June 7.

  • Nio sub-brand Onvo turns two, to launch new L80 SUV in hours

    Onvo L80 began pre-sales on April 28 with a pre-sales price of 245,800 yuan ($36,170) including the battery pack.

  • Nio April deliveries breakdown: ES8 dominates with 44% contribution

    Nio's April deliveries breakdown highlights the continued overwhelming dominance of the ES8 SUV.