Onvo launched on Thursday the new L60 SUV — completing a lineup-wide overhaul that makes Nio Inc.‘s flagship intelligent-driving hardware available across every model in the family-oriented sub-brand’s range.
Prices for the refreshed mid-size SUV start from 192,800 yuan ($28,440) with the battery included and from 135,800 yuan ($20,030) for buyers who opt for Nio‘s Battery as a Service subscription — which lets users lease the battery separately.
The model is offered in three trims — Pro, Max+ and Ultra+ — priced at 192,800, 202,800 ($29,900) and 222,800 yuan ($32,900) with the 60 kWh battery included, or 135,800, 145,800 ($21,500) and 165,800 yuan ($24,500) under the BaaS scheme, according to pricing presented at the launch event.
Battery rental under BaaS costs 599 yuan a month for the 60 kWh pack and 899 yuan for the 85 kWh unit, with both batteries offered across all three trims.
The entry price lands 14,100 yuan below the outgoing model’s 206,900-yuan starting point on both purchase paths — despite Onvo having signaled days earlier that the new generation would cost nearly 20,000 yuan more, citing upgrades and rising component costs.
Head of marketing and communications Ma Lei had previously said on Weibo that the new model would carry a higher transaction price than its predecessor “across the board,” with the LiDAR-equipped variant commanding a premium of more than 10,000 yuan over the pure-vision trim.
In the launch lineup, the LiDAR-equipped Max+ sits exactly 10,000 yuan above the pure-vision Pro, while the range-topping Ultra+ adds another 20,000 yuan.
The launch sticker tells a different story at the entry level, repeating the pattern Nio set with the ES9 flagship last month, when final prices came in below pre-sale levels.
Onvo‘s debut model first reached Chinese showrooms in September 2024, positioned as a direct rival to Tesla‘s Model Y.
The brand rolled out a minor update in September 2025, on the model’s first anniversary, without changing the starting price.
Thursday’s relaunch is a far more substantial overhaul, unveiled on May 29 at the Shenzhen Auto Show with a teaser campaign claiming 106 individual upgrades.
The refresh follows the revamped L90 launched on April 21 and the L80 five-seat SUV that went on sale on May 15, completing the product cycle founder William Li mapped out in early May.
All three models now offer LiDAR-equipped trims — a clean break from the brand’s founding strategy, which deliberately omitted LiDAR to maintain a lower price point when the L60 debuted in 2024.
Two Batteries, Four Range Ratings
Across the powertrain, battery, intelligent-driving hardware and cabin, the new L60 represents a generational shift rather than an incremental update — though the battery lineup is broader than the brand had suggested before launch.
Onvo offers the new L60 with a choice of 60 kWh and 85 kWh packs on every trim, delivering CLTC range ratings of 530, 560, 707 and 740 kilometers depending on battery and powertrain configuration, according to launch specifications.
The retention of the smaller pack departs from pre-launch indications that the 85 kWh battery — already used across the L80 and L90 — would become standard across the range.
Energy consumption falls as low as 11.9 kWh per 100 kilometers on the entry trim — a figure the brand calls best in class — from 12.1 kWh on the previous generation, with the Max+ rated at 12.1 kWh and the dual-motor Ultra+ at 13.3 kWh.
Onvo markets the new L60 as the industry’s first mass-produced vehicle with a full-domain 900V high-voltage architecture.
Under that claim, the electric drive system, motor controller, battery, on-board charger, DC-DC converter, PTC heater and heat pump air conditioning all operate at 900V or above — extending high-voltage operation across subsystems that ran at lower voltages on the previous model, which was already built on Nio‘s 900V platform.
Charging from 10% to 80% takes 25 minutes, while buyers choose between a single-motor version producing 240 kW and 305 Nm of torque and a dual-motor configuration rated at 340 kW and 440 Nm — pairing a 100 kW front unit with the 240 kW silicon-carbide rear drive.
Acceleration from 0 to 100 km/h takes 5.9 seconds on the single-motor trims and 4.6 seconds on the dual-motor Ultra+.
The exterior dimensions carry over unchanged at 4,828 mm long, 1,930 mm wide and 1,616 mm tall on a 2,950 mm wheelbase, keeping the model squarely in the mid-size SUV segment.
Standby endurance reaches 1,370 days on a full charge, according to Onvo — equivalent to leaving the vehicle idle for nearly four years and still driving away.
Battery swapping remains a central selling point.
Brand chief Shen Fei staged a 1,000-kilometer driving demonstration days before the launch, sending four media teams across different regions of China to show that each route required only a single three-minute battery swap.
Intelligent Driving
The most consequential hardware addition is the Shenji NX9031 chip, Nio‘s in-house processor that the company describes as the world’s first 5 nm automotive-grade smart-driving chip.
Notably, the original L60 was the first model in Nio Inc.’s portfolio to launch without LiDAR, a departure given that the parent brand had treated the sensor as standard equipment since inception.
The refreshed model resolves that split by trim: the entry Pro runs a pure-vision setup with 29 flagship-grade perception units, including a 4D millimeter-wave radar, powered by Nvidia’s Orin-X processor with 254 TOPS of computing power.
Both upper trims carry the Shenji chip and 30 perception units, including a roof-mounted high-precision LiDAR.
Intelligent-driving software runs on Nio‘s World Model (NWM), which Onvo says shares the same baseline as the NioET9 and ES9 flagships.
The system supports point-to-point navigation assistance across the full driving domain, automated highway toll-gate passage and automated entry into battery swap stations, per the launch presentation.
Cabin and Equipment
Inside, every trim carries a 17.2-inch 3K central touchscreen, a 13-inch head-up display, an 8-inch rear entertainment screen and a reclining front passenger seat, with the Pro running Onvo‘s Coconut operating system and the two upper trims a Coconut+ version.
Cargo capacity reaches 763 liters behind the rear seats — expanding to 2,060 liters with them folded — including a 139-liter compartment under the trunk floor.
The Ultra+ adds a 17.3-inch 3K ceiling-mounted entertainment screen, a two-stage roof sunshade, a 6-liter cooling and warming box, a folding table on the right rear seat, Nappa leather upholstery and 20-inch wheels.
Brand Awareness and Sales Momentum
Beyond the product itself, the relaunch arrives as Onvo grapples with what Nio CEO William Li has called the sub-brand’s most pressing structural challenge: low brand awareness.
Li compared Onvo‘s current visibility to Nio‘s own recognition levels in 2020 — a period when the parent company nearly ran out of cash before a roughly $1 billion rescue led by the Hefei municipal government.
Internal research has shown, however, that Onvo‘s conversion rate from awareness to purchase ranks among the top in the industry, according to the CEO.
Onvo delivered 12,029 vehicles in May, a 124.8% surge from April’s 5,352 units and a 91.5% increase year over year.
May was the first month with L80 deliveries — the five-seater logged 5,949 units in just 15 days from its May 15 launch — and the first with the LiDAR-equipped L90 refresh on the road.
The sub-brand surpassed 150,000 cumulative deliveries during the month, roughly two years after its May 2024 unveiling.
Onvo represented 31.9% of Nio Inc.’s 37,705 global May deliveries — the group’s highest monthly total of the year so far.
Through the first five months of 2026, Onvo contributed 30,720 units of Nio Inc.’s 150,526 global deliveries, a share of 20.4%.
Test drives of the new L60 opened at showrooms across China on June 6, ahead of the launch event, with deliveries beginning the same day as Thursday’s launch.
