ONVO Reaches 200,000 Deliveries Two Years After Launch

NIO’s family EV brand marks a major milestone as its expanding SUV range and battery-swapping ecosystem drive growth  

ONVO celebrated its 200,000 vehicle delivery in Beijing on October 8, 2026, handing over an L90 SUV to television host Geng Chenchen and his family

NIO’s family-focused brand ONVO has reached 200,000 cumulative deliveries, about 2 years after deliveries of its first model, the L60 SUV, began. ONVO announced on Thursday that the milestone vehicle, a flagship L90 SUV, was handed over to the family of well-known Chinese television host Geng Chenchen. 

The ONVO brand was officially launched on May 15, 2024, targeting the family vehicle market. Its first model, the L60, began deliveries in September 2024. On Aug. 28 this year, the L60 reached its 110,000th delivery. On July 31, the ONVO L90 passed its first anniversary on the market with more than 60,000 cumulative deliveries. Meanwhile, the ONVO L80, launched in May, has become another key sales driver for the brand. Nationwide deliveries began the day after its market launch, and the model surpassed 10,000 deliveries 46 days after launch. 

ONVO concentrated its product updates this year in the second quarter. The refreshed L90 was launched in April, followed by the new L80 large 5-seat SUV in May and the updated L60 in June. The L80 shares its platform and body dimensions with the 3-row L90, helping ONVO address different families' seating and storage needs. The smaller L60 serves as the brand's entry-level model. 

Battery swapping is one of the more notable differentiators between ONVO and other pure-electric models in the same price range. ONVO directly shares NIO’s charging and battery-swapping network, which the company has invested more than RMB 20 billion ($2.98 billion) to build. As of Oct. 8, 2026, NIO Power had a total of 9,559 charging and battery-swapping stations, including 4,167 battery-swap stations. During the National Day holiday (October 1-7), NIO’s battery-swap stations completed 183,664 swaps on Oct. 5, a record high, with ONVO accounting for 30,782 of those swaps. 

ONVO has also begun making a more concrete push into overseas markets. This year, the brand has entered Uzbekistan and Costa Rica. Europe, however, is not yet on the immediate market-entry schedule. NIO founder, chairman and CEO William Li said during a meeting with European vehicle owners in mid-September that ONVO is expected to enter Europe in 2028 or 2029.

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