Nio launched its new lower-priced EV brand Onvo in May. The brand started selling its first vehicle - the Onvo L60 - in late September.
Nio has been expanding its brand portfolio to help it address larger segments of the market and cater to more niche needs.
Nio Inc NIO brand Onvo said on Friday that it has delivered 20,000 units of its L60 SUV within 100 days of commencing deliveries. What Happened: Onvo made the announcement via a post on the social ...
Investors have been patiently waiting for Nio (NYSE: NIO) to post explosive delivery growth for years now. The good news is that if December is any indication, 2025 could finally bring the delivery ...
NIO’s (NYSE: NIO) new electric SUV already looks like a hit. In just 100 days since launching, NIO Onvo L60 deliveries reached over 20,000 as the EV maker taps into the mass market. It’s been ...
NIO Inc.'s December delivery results have come as a surprise for many. The rigorous ramp of ONVO deliveries in the final weeks of 2024, alongside restored core brand sales at the 20,000+ monthly ...
They operate under the NIO brand (smart electric vehicles) and under the family-oriented smart electric vehicle brand—ONVO. NIO has significantly improved margins, higher deliveries QoQ ...
Yokohama ADVAN Sport EV tires enhance performance and efficiency for NIO's ONVO L60 SUV. Learn more about the fitment here.
Electric vehicles, EVs, have scooped up plenty of hype in recent years – and controversy. Debates on the technology are still ...
Deliveries comprised 20,610 units from the NIO brand and 10,528 vehicles from the ONVO brand. This was the first time NIO’s monthly deliveries exceeded 30,000 units. So, while NIO has achieved ...