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
China EV insurance registrations for week ending May 11: Nio 3,930, Tesla 3,070, Xiaomi 5,180
Nio Inc, which includes the Nio, Onvo, and Firefly brands, saw 6,060 insurance registrations in China last week, up 18.82 percent from the previous week.
Nio reportedly makes deeper integration of 3 brands to cut costs
The changes focus on Onvo, which remains a sub-brand but will operate as a first-tier division of Nio.
China EV insurance registrations for week ending May 4: Nio 3,470, Tesla 7,290, BYD 59,310
Nio Inc had 5,100 insurance registrations in China last week, including 3,470 under the Nio brand, 1,280 for Onvo and 350 for Firefly.
Nio Onvo clears hurdle holding back car owners from changing BaaS plan
This is one of Onvo's latest efforts to optimize the car using experience following a change in its management.
Nio delivers 23,900 cars in Apr, its second highest ever
The Nio main brand delivered 19,269 vehicles in April, with Onvo at 4,400 and Firefly at 231 units.
Nio's team shake-up reportedly continues for sales channel integration of Nio and Onvo brands
In several cities, sales of Nio and Onvo brands are starting to be headed by the same person.
China EV insurance registrations for week ending Apr 27: Nio 6,500, Onvo 1,470, Tesla 10,280, BYD 62,200
The Nio and Onvo brands had combined insurance registrations of 7,970 units in China last week, up 29.17 percent from 6,170 units in the previous week.
Nio Onvo unveils L90 SUV with extra-large frunk at Shanghai auto show
The L90, Onvo's flagship SUV, has the largest frunk of any model currently available in China.
Nio to unveil 3rd-gen ES8, launch Onvo L80 in Q4
The third-generation Nio ES8 will be unveiled in the fourth quarter, and Onvo's third model, the L80, will be launched in the fourth quarter, William Li said.
Nio to showcase full range of models from its 3 brands at 2025 Shanghai auto show
This will be the 5th time for the Nio brand to participate in the Shanghai auto show, and the first time for Onvo and Firefly to make their debut at the show.