Smart and Sustainable Electric Mobility
Previously, companies including SAIC, Jiyue, Geely Automobile Holdings and Deepal have announced access to Nio's charging network.
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Onvo's first model, the Onvo L60, will take on the Tesla Model Y, targeting the market for smart, all-electric SUVs for families in the RMB 250,000 yuan ($34,600) class, Nio said.
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Nio's 500,000th production vehicle is an ES8, which began first deliveries in June 2018.
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Nio's first vehicle rolled off the line on May 27, 2018. It saw its 100,000th mass-produced vehicle roll off the line in April 2021, when Tesla CEO Elon Musk expressed his congratulations.
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GAC Group sold over half a million NEVs in 2023. It wants to enhance its sales performance by joining Nio’s battery swap alliance.
The post GAC becomes latest part of Nio battery swap alliance after Geely, Changan and Chery appeared first on CarNewsChina.com.
Nio and GAC will work together on battery standards, development and customization of battery swap-enabled models, battery asset management and operations, and battery swap service network construction.
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Nio will officially launch sub-brand Onvo on May 15, with the new brand's first model to go on sale in the third quarter and deliveries to begin in the fourth quarter, according to local media.
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The sequential increase in new orders for Nio in April was mainly due to lower prices for its BaaS battery rental service, according to Deutsche Bank.
The post Nio's orders up 19% in Apr from Mar, Deutsche Bank survey shows appeared first on CnEVPost.
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Li Auto had 5,300 insurance registrations last week and Xpeng 1,400.
The post China EV insurance registrations for week ending May 5: Nio 3,600, Tesla 11,000, BYD 52,600 appeared first on CnEVPost.
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Nio France GM Nicolas Vincelot disclosed some insights on Firefly and Onvo future in Europe at the China-France Business Council.
The post Nio to launch a sub-30,000 EUR electric car in Europe in 2025 under Firefly brand appeared first on CarNewsChina.com.
