Onvo delivered the 110,000th L60 on Friday, a milestone that implies the model has found about 3,200 buyers so far this month — a pace some 45% below the same month last year.
The Nio sub-brand announced the figure on Weibo on Friday morning, saying the five-seat SUV has held a top-three position in China’s 200,000-yuan ($29,800) all-electric mid-size SUV segment since going on sale in September 2024, and calling it “the high-quality choice of 110,000 users.”
Working back from published delivery data gives the month-to-date figure.
Cumulative L60 deliveries stood at 97,654 at the end of May, when the model passed 100,000 in late June. Adding 4,196 in June and 4,949 in July brings the total to 106,799 by July 31.
That leaves at least 3,201 deliveries between August 1 and 28.
What the Pace Implies
The August figure works out at about 114 vehicles a day, against 160 a day across July — a slowdown of 28.4%.
Held to the end of the month, that daily rate would produce roughly 3,540 deliveries in August, against 5,859 in August 2025.
It would be a decline of about 39.5% year on year, and the model’s weakest August since launch.
Measured against the full month a year earlier, the 28-day figure is already 45.4% lower.
Chinese deliveries typically weight toward month-end, so the final three days should lift the total.
The Shape of the Decline
The L60’s trajectory has been downward for most of 2026.
It delivered 1,979 units in January and 1,664 in February, then recovered to 3,517 in March and 3,284 in April before falling to 2,026 in May. June and July brought a partial recovery to 4,196 and 4,949.
Every month of 2026 has come in below its 2025 equivalent. The year-on-year gaps run 67% in January, 59% in February, 27% in March, 25% in April, 68% in May, 34% in June and 17% in July.
What lifted June and July was a new model year version.
The third-generation L60 went to pre-sale in late May and launched in June with a starting price of 192,800 yuan ($28,700), cut by 14,100 yuan ($2,100) from the outgoing model even as Onvo added a LiDAR option and Nio’s in-house Shenji NX9031 chip.
Deliveries duly doubled, from 2,026 in May to 4,196 in June and 4,949 in July.
August’s implied pace is 28.4% below July’s daily rate. On the evidence so far, the rebound that carried the model past 100,000 units is fading in its third month.
Every Onvo launch has followed that shape: a backlog-clearing surge, then a sharp normalisation.
The Brand Around It
The L60 is no longer Onvo‘s only model, and the lineup has expanded faster than the volume.
The L90 three-row SUV launched on July 31, 2025 with deliveries from August 1, and reached 10,997 units in September 2025.
It delivered 1,972 in July 2026, a fall of 82.1% from that peak, having passed 60,000 cumulative units that month.
The L80, a five-seat large SUV delayed from 2025 into this year on production capacity, launched on May 15 and recorded 5,949 units that month, 4,086 in June and 3,232 in July. Insurance registrations for the L80 fell 31% in its second month on sale.
Onvo delivered 10,155 vehicles in July across the three models, down 13.5% from June and its second consecutive sequential fall, on deliveries of 52,618 across the first seven months — a 39.1% increase on the same period last year.
July was the first month of 2026 in which the brand sold a settled range with no launch or refresh inside the period. August is the second.
The brand passed 150,000 cumulative deliveries in May, roughly two years after launch. Its share of Nio Inc. volume stood at 23.2% across the first seven months, well short of the 55% mix management has described as the brand’s long-term destination.
