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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 f...

ONVO, NIO’s sub-brand, has launched the Starlight styling package, which pairs Xinghan Blue paint with 21-inch multi-spoke wheels for the the large 5-seat EV SUV. The package is priced at 16,800 yuan ($2,502), with a limited-time promotional price of 10,080 yuan ($1,502). The new styling package follows NIO’s recent strategy of using limited-edition designs and personalized configurations to maintain product visibility  NIO’s sub-brand Onvo has launched a Starlight styling package for the L80, seeking to attract buyers to the large 5-seat EV SUV with an exterior refresh. ONVO announced on Friday that the package was available for purchase, with the promotional price of of 10,080 yuan ($1,502) applying to orders placed on or before September 30. The package includes new Xinghan Blue paint and exclusive 21-inch multi-spoke Xuanhui wheels. ONVO said the color draws inspiration from reflections of the starry sky on Chaka Salt Lake in Qinghai province, while the wheel design evokes ...

The Chinese automaker will support a multi-country electric rally linking Asia and Europe , showcasing its battery-swap network and long-distance travel infrastructure  NIO co-founder and president Qin Lihong (back left) witnesses the signing of a cooperation agreement for Silk Road Challenge 2026 on September 10, 2026 NIO has partnered with the “Silk Road Challenge 2026” to provide 14 NIO and ONVO vehicles for the all-electric long-distance journey across Eurasia, the company announced on Sept. 10. The convoy is scheduled to depart from Xi’an on September 16 and travel through Kazakhstan, Kyrgyzstan, Uzbekistan, Russia, Azerbaijan, Georgia, Türkiye, Bulgaria, Serbia and other countries before reaching Budapest, Hungary, according to the company's schedule.  NIO's power station The journey across Eurasia is expected to last 41 days and cover more than 20,000 kilometers across 11 countries . The fleet will include NIO ES8, ES6 and ET5T models, as well as ONVO L90 and L80 vehi...

Stronger sales of premium models helped the Chinese EV maker improve profitability , while quarterly volumes and revenue remained below its own targets  The five-seater NIO ES8 SUV NIO Inc. reported a third consecutive quarter of positive non-GAAP adjusted operating profit, helped by stronger sales of higher-priced models, even as second-quarter revenue and vehicle deliveries came in below the electric-vehicle maker’s own guidance, according to its earnings report released Tuesday (September 1). The results underline the progress NIO has made in shifting investor attention from pure volume growth toward profitability , a key metric for premium electric-vehicle makers operating in China’s highly competitive market. Second-quarter revenue increased 69.1% YoY The Shanghai-based automaker said second-quarter revenue rose 69.1% year on year to 32.14 billion yuan ($4.74 billion), supported by higher delivery volumes and a more profitable product mix. Revenue was up 25.9% from the fir...

NIO’s family-focused electric SUV marked a key production milestone in Shanghai , supported by stronger August demand, a lower-priced 2026 update, improved technology features and leading residual value performance in China’s midsize EV segment  ONVO delivers the 110,000th L60 to user On Aug. 28, NIO’S ONVO brand officially announced in Shanghai that its flagship model, the ONVO L60, had reached 110,000 vehicle deliveries. The milestone came about 23 months after deliveries of the L60 began on September 28, 2024, and also showed that sales of the model rebounded significantly in August.  The ONVO L60 was launched as the first model introduced after the ONVO brand entered the market. It has remained among the top three best-selling midsize all-electric SUVs in China’s RMB 200,000 ($29,760) price segment.  ONVO L60's 110,000th delivery ceremony The 2026 ONVO L60 officially went on sale on June 11 , bringing another round of price adjustments and equipment upgrades. The ...

ONVO is trying to move beyond the perception that it is merely a cheaper NIO , as stronger sales, new models and tighter group integration turn the family-focused EV brand into a key test of NIO’s multi-brand strategy  The updated ONVO L60 SUV Speaking in June 2026, ONVO President Shen Fei pushed back against the market perception that "people only buy ONVO because they can't afford NIO”. He described that perception as an early misunderstanding. ONVO’s buyers, he argued, are not simply trading down from NIO. Many are middle managers with adequate purchasing power who are looking for a car that fits family use, rather than a badge that signals premium status. The distinction matters because ONVO was created to give NIO a route into China’s mainstream family EV market , especially the 200,000 to 300,000 yuan price band. Its first model, the L60, went on sale in September 2024 from 206,900 yuan and quickly showed promise, passing 10,000 deliveries by its third full month on t...

William Li, CEO of NIO, frames lightweighting as a core strategic challenge for NIO and the broader NEV industry . As electric vehicles become heavier due to larger batteries, longer-range ambitions, and added features, competitive advantage will depend on disciplined product trade-offs, advanced materials, and system-level engineering rather than simply increasing battery capacity William Li, Ceo of NIO, launched the updated Onvo L60 on June, 11 2026 As Chinese new energy vehicles become larger, heavier, and more feature-rich, lightweighting is emerging as a strategic engineering discipline rather than a cosmetic design choice . The challenge is to reduce mass without compromising safety, range, cost discipline, or user experience. Industry context: the weight challenge The Nio CEO's call for lightweighting comes as the Chinese auto industry faces a severe vehicle "obesity" crisis. China’s passenger-car market is facing a growing vehicle-weight problem. The average c...

A stronger model mix and rapid early take-up for new SUVs have lifted the Chinese EV maker back into contention, though sustained deliveries and margins remain the key proof points NIO ES9 SUV NIO Group’s latest order surge marks a sharp improvement in competitive momentum, with roughly 100,000 firm orders booked across its three brands in the four weeks to mid-June 2026, according to Goldman Sachs’ research . The same data put the group's two-week total above 47,000 units, suggesting that demand remained resilient after the initial launch spike for its flagship ES9 SUV. NIO sells through three brands : the premium Nio marque, the family-focused Onvo, and the compact Firefly. The surge reset the company's standing in a market it had trailed for much of the past year. The scale of the rebound was clearest in Goldman’s week-22 reading (May 25–31), when NIO’s weekly firm orders reached 38,810 units. That placed the company ahead of Geely’s Galaxy and Zeekr lines combined at 22,1...

The model combines more aggressive pricing with new autonomous-driving hardware and consumer incentives, reflecting intensifying competition in China’s electric-car market Onvo, NIO’s volume-focused sub-brand, launched the updated L60 SUV on Thursday with a 6.8% lower starting price , underscoring its push to strengthen competitiveness in China’s crowded EV market. The new L60 starts at 192,800 yuan ($28,440) with the battery included, down from 206,900 yuan for the previous version, while deliveries are scheduled to begin tomorrow.  The model is offered in three trims — Pro, Max+, and Ultra+ — priced at 192,800 yuan, 202,800 yuan, and 222,800 yuan, respectively. Under the BaaS (battery as a service) battery-rental scheme, starting prices fall to 135,800 yuan , 145,800 yuan, and 165,800 yuan. The update introduces 106 enhancements, led by the first use of NIO’s in-house 5-nanometer automotive chip, the Shenji NX9031, and the addition of LiDAR-equipped variants. The Max+ and Ul...

NIO’s sub brand has officially launched on Tuesday the second generation of its third-row SUV L90, the first under Nio‘s family-oriented sub-brand to feature a version with LiDAR sensors. The model is available in three trims, including Pro, Max+ and Ultra+. The Pro version retains the same pricing as the first iteration of the model, which debuted in July  NIO sub-brand Onvo officially launched the 2026 L90 electric SUV (sport utility vehicle) today, updating its most important model. The model is available in three trims , including Pro, Max+ and Ultra+. Despite the pressure of rising component costs, the starting price of the updated model for the full vehicle including the battery pack remains unchanged at 265,800 yuan ($39,000).  If consumers choose the BaaS (Battery as a Service) battery rental plan, the starting price of the vehicle is 179,800 yuan , allowing users to lease the battery separately at 899 yuan per month. The Max+ and Ultra+, which feature LiDAR, are...

The Chinese electric vehicle (EV) maker achieved substantial year-on-year growth in February deliveries despite the widespread negative impact of the Chinese New Year holiday on production and deliveries across China's auto industry The third-generation Nio ES8 EV Suv Nio announced on Sunday that it delivered 20,797 new vehicles in February, a 57.6% year-on-year increase despite a 23.49% decline from January. The 2026 Spring Festival holiday fell in mid-to-late February, while last year it was primarily January. This caused seasonal weakness across the industry, with competitors' deliveries also broadly impacted.  The Chinese New Year Holiday period typically weighs on both production and sales activity, making February one of the weakest months of the year. Furthermore, this year’s holiday is three days longer than 2025 , marking the longest on record — according to China’s Passenger Car Association (CPCA) — and reducing the month to just 16 work days.  The latest figures ...

On February 10, Nio Inc’s first “Nio–Onvo–Firefly” integrated store debuted in Jiangmen, Guangdong province, with the location named the Sky Store , becoming one of the first nationwide outlets to integrate pre-sales, after-sales and vehicle delivery functions into a single comprehensive store   Nio's Sky Store On February 10, Nio Inc’s first “Nio–Onvo–Firefly” integrated store debuted in Jiangmen, Guangdong province, with the location named the Sky Store. According to the company, the Nio Jiangmen Delivery and Service Center officially open for business today, becoming one of the first nationwide outlets to integrate pre-sales, after-sales and vehicle delivery functions into a single comprehensive store.  The so-called integrated store refers to a unified channel model that brings together sub-brand Nio, Onvo, and Firefly under one operating system. This model is a key part of Nio’s channel strategy ahead of 2026 . On one hand, it is intended to increase brand visibility fo...

The sub-brand of Nio has named the two new L90 variants the "Ma Dao Cheng Gong" (马到成功) edition , a Chinese phrase signifying blessings for success and smooth progress. Prices start at 296,800 yuan ($42,620). Under the BaaS (Battery as a Service) plan the starting price is 210,800 yuan ($30,228)  Onvo, a sub-brand of Nio, has launched new special edition variants for its L90 large EV Suv to celebrate the upcoming Chinese Year of the Horse, following a similar move for the L60 EV Suv . Onvo has named the two new L90 variants the "Ma Dao Cheng Gong" (马到成功) edition, a Chinese phrase signifying blessings for success and smooth progress, mirroring its approach with the L60 midsize Suv last week.  The L90 special edition offers Max and Ultra options : both special edition variants are exclusively available with a 6-seat configuration and do not apply to the 7-seat variant. They come standard with exclusive horse-themed interior and exterior styling packages , with display...