Smart and Sustainable Electric Mobility
Several spy shots of what is said to be Onvo's first model, the L60, show more details of the vehicle. Nio is expected to give the Onvo brand its debut in a month's time.
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Midea and Nio will cooperate in areas including EV parts, automation services, digitalization, low-carbon parks and smart logistics.
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Major EV makers saw sales in China fall last week, partly due to the Tomb Sweeping Day holiday.
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Nio's Firefly project will offer smaller models and is expected to target the market with a price tag of less than RMB 200,000 yuan.
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Nio's pace of building battery swap stations was slow at the start of the year, possibly waiting for fourth-generation station capacity to ramp up. It's aiming to end the year with a total of more than 3,310 stations.
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The facility will help complete Nio's global development network and provide tailored, user-friendly technology solutions "from Europe for Europe", said Nio vice president Zhang Hui.
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Nio said it has reached 307,783 total smart driving users and 193,174 NOP+ users.
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Nio's 150-kWh battery packs, of which some have been produced recently, are expected to begin entering service in late April, William Li said today.
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Wait times for the ET5 have been shortened from 7-8 weeks to 4-5 weeks, and for the ES7 from 7-8 weeks to 6-7 weeks.
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Onvo's executive team didn't take a break during the just-concluded Qingming Festival holiday, but instead held meetings to prepare for the next marketing operations, according to local media.
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