NIO will expand into Singapore, Uzbekistan, and Costa Rica between 2025 and 2026 through partnerships with local distributors, further strengthening its global presence. The Company will launch its first right-hand drive model and make its debut in the American and Central Asian markets. The multi-brand strategy featuring NIO, ONVO, and … [continued]
Hangzhou, Zhejiang — ONVO, NIO’s second brand, officially kickstarted the sale of its Smart Large-Space Flagship SUV, the L90, in Hangzhou. The L90 offers two seat layouts: six-seater and seven-seater, with price starting at RMB 265,800, or RMB 179,800 with the battery subscription (BaaS) option. Deliveries of the six-seater version … [continued]
NIO achieved 21,017 deliveries in July. That was 12,675 deliveries from the NIO brand, 5,976 deliveries from the family-oriented ONVO brand, and 2,366 deliveries from the new firefly brand of small but high-end cars. NIO boasted that this means its sales rose 25.2% in the first seven months of the … [continued]
Showing just how far the company has come, Chinese smart EV company NIO just announced that it has now produced its 800,000th electric vehicle. (Of course, it has produced zero non-electric vehicles.) While it is yet to turn a profit, it is notable that the company plans to reach profitability … [continued]
NIO has just brought a new vehicle model to market, via its new-ish family-oriented brand, ONVO. The model is the ONVO L90. It’s a large, 3-row SUV. NIO indicates that it is a high-end model, but the starting price for the large SUV is just RMB 279,900 (~$39,000). You can … [continued]
NIO Inc. Delivered 23,231 Vehicles in May, Up 13.1% YoY NIO Inc. delivered 23,231 vehicles in May 2025, representing an increase of 13.1% year-over-year. The deliveries consisted of 13,270 vehicles from NIO, 6,281 vehicles from ONVO, and 3,680 vehicles from firefly. As of now, NIO Inc. has delivered a cumulative … [continued]
NIO had a solid month of sales growth again in April, growing 53% compared to April 2024. The company had 23,900 vehicles delivered to customers in the month. That was also a 59% increase over the month before, March 2025 — going from 15,093 sales to 23,900 sales. The sales … [continued]
The Onvo L60 all-electric sedan is apparently a direct competitor to the Tesla Model Y. It has some obvious advantages: it costs less in China and has battery swapping. It also has some FSD-like features. Onvo is a sub-brand of NIO, which is known for premium/luxury. The L60 has many … [continued]
NIO’s momentum from a great 2024 carried forward into January, providing the company with 13,863 vehicle deliveries, a 37.9% increase over January 2024. Notably, a large portion of these sales came from NIO’s new brand, ONVO. ONVO is a more “family-oriented” smart EV brand. 7,951 of the company’s deliveries, 57% … [continued]
It’s the first of the month, and we’ve got positive EV sales news from NIO and XPeng yet again. Both Chinese EV automakers saw strong sales increases in October 2024 compared to October 2023. NIO Sales NIO scored 20,976 sales (i.e., deliveries) in October, an increase of 30.5% over October … [continued]
