Written by Cláudio Afonso | LinkedIn | X
Onvo, the sub-brand of the electric vehicle maker Nio, held Thursday the launch event of its first model in Hefei, China.
The price of the L60, a mid-size SUV, starts at 206,900 yuan ($26,307) when buying the car with a standard range (60kWh) battery while prices for the battery subscription model start at 149,900 yuan — equivalent to $21,208.
Nio Senior VP and Onvo’s President, Alan Ai, said the deliveries of the debut model will start on September 28. The management has forecasted 10,000 monthly units delivered in December after the first few months of production ramp-up.

Earlier this month, during the second quarter earnings conference call, Nio Group CEO William Li added that the company expects continued production increase to 20,000 units monthly deliveries “sometime next year”.
“Regarding the supply chain security, our target is that by the end of this year, which is in December, we hope that we can realize a supply capacity of 10,000 units. And sometime next year, we will be able to realize a supply capacity of 20,000 units per month,” the chief executive added.
Regarding infrastructure, customers will soon have access to over 1,000 battery swap stations across the country and 350 service centers spread over 200 cities.
The brand’s President, Alan Ai, unveiled at the event that the model features a 52-liter dual-zone freezer in the trunk in partnership with Midea.
Customers who confirm their orders by October 8 receive benefits valued at 41,538 yuan, including five years of free NOA (Navigate on Autopilot) software, a “pay 4, get 1 free” offer on five years of battery rental, and 20 battery swap vouchers.
Written by Cláudio Afonso | LinkedIn | X









