Nio Drops Onvo L60 Price To Obliterate Tesla’s Model Y, Starts At $21K
Nio has already opened over 100 stores for the Onvo brand in China. All Onvo L60 models are compatible with the automaker’s expansive battery swap network. Next year, a flagship variant with 621 miles (1,
Nio's Onvo launches L60 SUV
Nio's Onvo brand launched its first model, the L60, on Thursday in Hefei, Anhui province, which will be delivered from Sept 28.
Nio Undercuts Tesla With Price Drop for New Onvo-branded SUV
Nio, one of Tesla’s Chinese rivals in the EV market, is slashing the price of its new Onvo-branded SUV, the L60.
NIO Onvo L60 launches with cheaper prices than expected starting at just $21,200
With the battery included, the NIO Onvo L60 starts at $29,300 (206,900 yuan), still cheaper than pre-sale prices. That’s for the 60 kWh battery model with up to 341 miles (555 km) CLTC range. The larger (85 kWh) battery model is available starting at $33,400 (235,900 yuan) and has a CLTC range of up to 454 miles (730 km).
Nio is not interested in Audi factory in Brussels; launches Onvo L60
That was quick: barely 24 hours after rumours emerged that Nio could take over the Audi factory in Brussels, the Chinese electric car manufacturer has denied the possibility. Meanwhile, the new Nio sub-brand Onvo is celebrating the market debut of its first vehicle.
China's NIO Says 40% Of Its Store Managers Are Ex-Tesla
NIO's Onvo reveals that 40% of its store managers come from Tesla, intensifying the competition as it prepares to launch the L60.
Nio Introduces Affordable Onvo L60 SUV in Push to Compete with Tesla
Nio has introduced a new brand, Onvo, with its first vehicle, the L60 SUV, priced aggressively to compete with Tesla. The L60 starts at 149,900 Chinese yuan
Buy Rating on NIO Shares Amid Onvo L60 Launch Optimism
Tim Hsiao, an analyst from Morgan Stanley, maintained the Buy rating on Nio (NIO – Research Report). The associated price target remains
Tesla Faces New Competition in China as Nio Launches Low-Cost SUV
Chinese automaker Nio is launching a budget brand called Onvo, aiming to take on Tesla with its first model, the L60 SUV. Nio, known for its premium electric vehicles, launches this SUV priced at 149,
Tesla's Chinese rival Nio cuts price for new Onvo-branded car
A model with the battery and the car starts at 206,900 yuan. Deliveries are set to begin Sept. 28. HEFEI, China — There's yet another Chinese electric car aiming to undercut Tesla, with a steeper discount.
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NIO’s (NIO) new low-cost electric SUV paves the way for a ‘brand revival’ analyst claims
NIO’s (NIO) new Onvo L60, starting at just $21,200, paves the way for a “brand revival,” according to Deutsche ...
Nio Is About to Shift Into a Higher Gear
Nio's sales are rising, it posted a strong second quarter, and two new brands could shift the company into a higher gear.
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NIO Chair: ONVO L60 Manifests Immense Orders; Monthly Output 30K Cars in Mar 2025
It is not NIO's practice to unveil the number of orders, said Li, while revealing ONVO L60 has currently manifested immense ...
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China’s NIO Onvo L60: $21200 for an electric car, batteries — with a subscription from $85/month
The NIO Onvo L60 is positioned as a «family smart electric crossover» that sets a «new standard for family cars». It has a ...