Written by Cláudio Afonso | LinkedIn | X
Onvo registered 1,800 units in China in the second week of the year, data shared by Li Auto showed on Tuesday. The sub-brand of Nio saw its figures fall nearly 22% after having recorded 2,300 units of its L60 SUV between December 29 and January 5.
January car sales are expected to decline from November’s levels, reflecting the typical year-end sales surge and reduced production during the eight-day Spring Festival holiday from January 28 to February 4.
In December, the family-oriented brand delivered 10,528 units fulfiling the promise of delivering over 10,000 units for the first time.
Deliveries began on September 28, with the brand adding a new battery supplier in early December to tackle supply disruption which limited deliveries in both October and November. The brand plans to expand its lineup with two new SUVs set to launch in 2025.
Nio group deliveries increased 38.7% in 2024 to 221,970 vehicles. This year, the EV maker aims to double its sales numbers mainly driven by its sub-brands Onvo and Firefly.
In a Q&A shared on its official app last weekend, Nio’s sub-brand, which has over 1,000 Onvo-compatible battery swap stations in China, addmitted that “some stations may not yet have full battery reserves.”
Onvo said it “aims to replenish available batteries extensively before the Lunar New Year” — which starts on January 29.
Onvo, which unveiled the L60 in May, is preparing to launch two new family-oriented SUVs in 2025. Speaking at a media briefing before the Nio Day event, the company’s founder and CEO William Li said deliveries of the new models are expected to begin in the third and fourth quarters of next year.
One of the upcoming models will be a six-seater electric SUV designed for larger families, while the other will be a five-seater SUV larger than the current L60.
Written by Cláudio Afonso | LinkedIn | X
