The first model of NIO’s new low-cost Onvo brand, the L60 electric SUV, could lead to a sales surge, according to at least one analyst. Aimed at Tesla’s best-selling Model Y, the NIO Onvo L60 could ...

Two spy shots of NIO Inc.’s (NYSE:NIO) Onvo L60 are reportedly circulating in multiple WeChat group chats. The shots showcase the model’s interior with detailed features, which may undergo adjustments ...

Chinese EV startup Nio Inc. (NYSE:NIO) launched its new affordable EV brand Onvo in May. The brand started selling its first vehicle – the Onvo L60 – in late September and since then, Nio sales have ...

Ever since the Tesla Model Y rose to prominence as the best-selling EV on the planet, plenty of new and compelling alternatives have been touted as rivals for it and yet, none of them have taken the ...

With its new electric SUV rolling out, NIO’s (NIO) sales topped the 20,000 mark again in Oct, its sixth straight month hitting the milestone. NIO sold 20,976 vehicles last month, up 30.5% from October ...

NIO's September deliveries included 832 units of the new ONVO-branded L60 SUV, indicating strong demand and potential for significant Q4 delivery growth. ONVO-branded deliveries immediately, after ...

The first model from Nio’s mass-market Onvo brand will serve as a rival to the Tesla Model Y and use batteries sourced from BYD. The first model from this brand, known as the L60, will be offered with ...

Chinese EV manufacturer Nio still only sells a fraction of the vehicles that the likes of Tesla and BYD do, but it's already ready to introduce two new brands, Onvo and Le Dao, to help boost sales by ...