[Onvo] News & Updates

William Li internal speech: NIO to focus on core business, premium, core markets for next three years

NIO founder William Li said in an internal speech on September 8 that the company will focus on its core business, the premium market, and core markets over the next three years, and confirmed the launch of an important new model in 2027. Onvo will release a strategic new product, while Firefly currently has no plan for a second vehicle. NIO's second-quarter revenue was RMB 32.14 billion, up 69.1% year over year, with vehicle margin at 18.5% and a GAAP net loss of RMB 528 million; revenue from services and community business in the first half was RMB 5.8 billion. Li said embodied AI will be pursued long term as a strategic investment and is not listed as a core business.

1812 days ago

NIO Signs Silk Road Challenge 2026, to Provide 14 EVs

NIO signed a cooperation framework agreement with the 2026 Silk Road Challenge and will provide 14 pure electric vehicles and full-service support throughout. The fleet consists of five models: ES8, ES6, ET5 Touring, and Onvo L90 and L80. It will depart from Xi'an on September 16 for Budapest, lasting 41 days, crossing 11 countries, and traveling more than 20,000 kilometers. The China section relies entirely on battery swapping, with a route length of 3,605 kilometers and 33 battery swap stations. As of September 10, NIO had built 4,079 battery swap stations and 5,255 charging stations, with cumulative battery swaps exceeding 123 million.

2603 days ago

Nio's 4,000th Swap Station Goes Live Aug 7, Supporting 3 Brands

Nio's first fifth-generation battery swap station will go into operation on August 7 in Quanzhou, becoming the 4,000th swap station in China. The new station supports Nio, Onvo and Firefly brands, with rebuilt architecture accommodating wheelbases from 4.003m to 5.3m.

22644 days ago

Onvo L90 Surpasses 60,000 Deliveries in First Year, Redefining Three-Row Electric SUV Market

The Onvo L90, a three-row pure electric SUV from Onvo Automotive, has reached its first anniversary since launch, with cumulative annual deliveries exceeding 60,000 units. As a family-oriented brand under NIO, Onvo has successfully carved out a niche in the large electric SUV market with a starting price of 265,800 yuan and a BaaS battery leasing option at 179,800 yuan. CEO Shen Fei declared that "the golden age for pure electric three-row SUVs has arrived."

21047 days ago

Nio Firefly Cumulative Deliveries Surpass 70,000 Units with 272% H1 Growth

Nio's sub-brand Firefly announced on July 16, 2026, that cumulative deliveries have surpassed 70,000 units. In the first half of 2026, Nio's three-brand portfolio delivered a combined 191,123 vehicles, up 67.4% year-over-year, with Firefly contributing 29,172 units — a staggering 271.9% increase — emerging as the group's fastest-growing brand.

61660 days ago

NIO Delivers 40,597 Units in June, Setting New 2026 Monthly Record

NIO Company announced June 2026 delivery results: 40,597 new vehicles, a new monthly high for 2026, up 62.9% year-over-year. NIO brand delivered 21,908 units, ONVO 11,743 units, and Firefly 6,946 units. H1 cumulative deliveries exceeded 200,000 units.

37377 days ago

NIO Onvo L60 New Model Launched: From 135,800 Yuan with LiDAR and Self-Developed Chip

NIO's Onvo brand launched the new L60 mid-size SUV, starting at 135,800 yuan for full purchase, featuring LiDAR and self-developed chips. The Onvo L60 employs a tech democratization strategy, bringing NIO's flagship technology down to the 200k-class market, ending the competitive race in this price segment. National delivery begins simultaneously, with existing owners receiving cash compensation.

54995 days ago

New ONVO L60 Debuts at Greater Bay Area Auto Show, 106 Upgrades, Launching June 11

The new ONVO L60 made its debut at the Guangdong-Hong Kong-Macao Greater Bay Area Auto Show, bringing 106 upgrades across six dimensions, with official launch scheduled for June 11. The vehicle shares the same flagship intelligent hardware and software as NIO's ES9 and ET9 flagship models, including the 5nm auto-grade AD chip, NIO World Model, and SkyOS·Tianshu operating system. The Voyah Taishan X8 also launched simultaneously at the GBA show.

453102 days ago

Onvo

William Li internal speech: NIO to focus on core business, premium, core markets for next three years

NIO Signs Silk Road Challenge 2026, to Provide 14 EVs

Nio's 4,000th Swap Station Goes Live Aug 7, Supporting 3 Brands

Onvo L90 Surpasses 60,000 Deliveries in First Year, Redefining Three-Row Electric SUV Market

Nio Firefly Cumulative Deliveries Surpass 70,000 Units with 272% H1 Growth

NIO Delivers 40,597 Units in June, Setting New 2026 Monthly Record

NIO Onvo L60 New Model Launched: From 135,800 Yuan with LiDAR and Self-Developed Chip

New ONVO L60 Debuts at Greater Bay Area Auto Show, 106 Upgrades, Launching June 11

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