Onvo L60 production capacity is expected to reach 10,000 units in December, at least 16,000 units in January and 20,000 units by March, William Li said.
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Author: Phate Zhang
Zeekr launches 7X SUV for families with starting price of $32,590
The Zeekr 7X has received more than 58,000 orders in the past 20 days since pre-sales began on August 30.
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Nio denies it has plans to take over Audi Brussels car plant
Nio has no plans to take over the Audi plant, and the company is cautious about investing in fixed assets, the EV maker's CEO William Li said.
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Onvo L60 success paves way for Nio brand revival, says Deutsche Bank
That's because all upcoming Nio-branded products will come from NT 3.0 technology, which not only offers superior performance but also outstanding cost savings, Deutsche Bank said.
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Nio Onvo launches L60 to take on Tesla Model Y, and wider competition
Nio's sub-brand Onvo has officially launched its first model, the L60, which is priced much lower than the Tesla Model Y, but brings more interior space and better features.
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Xpeng P7+ makes real-life debut, launch expected in Q4
Xpeng's CEO drove a lightly camouflaged P7+ to the Apsara Conference held by Alibaba today.
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China EV insurance registrations for week ending Sept 15: Nio 4,200, Tesla 15,600, Xiaomi 3,100, BYD 86,000
Li Auto had 12,600 insurance registrations last week, Xpeng 4,300, Zeekr 4,700, Leapmotor 7,900 and Aito 9,600.
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Nio mulling takeover of Audi Brussels car plant, report says
Nio is one of the candidates considering taking over the Audi Brussels car plant in the city of Vorst in Brussels, which is at risk of being shut down, according to a Belgian media report.
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Nio starts deliveries of new ES8 in Europe
Nio began deliveries of the new ES8 -- known locally as the EL8 -- in Europe, after launching the electric SUV there three months ago.
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Great Wall Motor signs deal to assemble cars in Vietnam
Great Wall Motor has signed a deal with Vietnam's TAG Group with the aim of starting to assemble cars in Vietnam by the end of 2025.
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