Onvo | EV

OnvoNio family-oriented EV sub-brandOnvo (Ledao) is Nio's family-focused sub-brand, launched in 2025 to take on Tesla and Li Auto in the mass premium market. Its line-up is the L60 mid-size SUV and the larger three-row L90, both able to use Nio's battery-swap network; Onvo's monthly deliveries peaked above 17,000 in late 2025 as the L90 ramped up. It is led by president Shen Fei.Key factsFounded2025ParentNioFlagship modelsL60, L90Battery swapNio network Shen Fei - Onvo

Shen Fei - Onvo

Shen FeiPresidentWatch all Onvo videos →

Onvo Chief Says Selling EVs Is Harder Than Building Nio’s Battery Swap Empire

Nio Opens New UK Engineering Centre as R&D Base Turns 10

Nio Rolls Out Second-Gen NWM Update Across Three Vehicle Platforms

Nio CEO Warns of Onvo L60’s ‘Pretty Dire’ Margins Amid Rising Costs

Nio Starts China Deliveries of Third Generation Onvo L60 SUV

Nio President Sees China’s Pure-EV Wave Hitting 200,000-Yuan SUVs Next

Onvo’s Updated L60 Starts at 192,800 Yuan, Undercutting Previous Generation

Nio Inc.’s Exports Rebound in May on Firefly Strength

Onvo Chief Says Battery Swap Solves EV Buyers’ Biggest Pain Point

Onvo Begins Gen-3 L60 Test Drives Ahead of June 11 Launch

Nio’s Fifth-Generation Swap Station Adds Battery Capacity to Handle a Wider Lineup

Onvo Says Revamped L60 Will Cost Nearly 20,000 Yuan More Than Current Generation

Onvo Deliveries Jump 92% in May as L80 and 2026 L90 Hit the Road

Nio Inc. Posts Best Month of 2026 Driven by ES8 and Onvo L80 SUVs

Onvo Chief Hints at Higher L60 Price, Cites Upgrades and Rising Costs