In a move that has grabbed headlines in the electric vehicle (EV) industry, Nio founder, chairman, and CEO William Li recently purchased an Xpeng X9 MPV directly from Xpeng’s chairman and CEO He Xiaopeng. This marks a significant event for several reasons. It’s the first time in nearly eight years that Li has purchased a … Read more
NIO, the Chinese electric vehicle (EV) manufacturer, is expanding its reach with the launch of a new brand called “Onvo.” This brand will focus on the mainstream family car market, offering a more affordable and family-centric alternative to NIO’s existing luxury EVs. Onvo L60: Redefining Family Cars The first vehicle under the Onvo brand is … Read more
Nio Inc. (NYSE: NIO) has unveiled its new electric vehicle (EV) sub-brand, Onvo, with the L60 as its first model. The L60 marks a significant step for Nio as it enters the mass market EV segment. Design Hints at Affordability and Performance The L60 sports a sleek design with hidden door handles, distinctive alloy wheels, … Read more
Nio, a leading Chinese electric vehicle (EV) manufacturer, announced a significant milestone today. The company has begun mass production of its next-generation electric drive system, the 900-volt Electric Drive System (EDS) called Thunder. This achievement coincides with the production of Nio’s 1 millionth vehicle, the Neo Z. Key Highlights The Nio ET9: A Flagship with … Read more
Shanghai, China – NIO, the premium electric vehicle (EV) manufacturer, is making a strategic shift towards the mainstream market in Europe with the launch of two new brands: Onov and Firefly. This move signifies a significant expansion beyond their current luxury offerings and targets a wider audience. Onov: Family-Friendly Electric Vehicles with Innovative Swapping Technology … Read more