Start of production at Nio’s subsidiary ‘Onvo’
Nio presented the Onvo L60 in mid-May but did not yet provide any full technical data. Even now, key points regarding the motorisation and charging capacity remain open. However, the price has been clearly communicated: since May, the L60 has been available for pre-order at a price of 219,900 yuan including battery (equivalent to around 28,000 euros). That is exactly 30,000 yuan less than the current base price of the Tesla Model Y in China. This comparison is obvious, as Nio explicitly wants to contrast the Onvo L60 with the Model Y.
In terms of silhouette, the Onvo debutant is very similar to the Tesla. In terms of technology, all that has been leaked so far is that the model will offer two battery options for 60 and 90 kWh and will be based on a 900-volt high-voltage platform. The only official statement from Nio so far is that the L60 has ‘the world’s lowest drag coefficient for a production SUV at 0.229’, which should result in an energy consumption of 12.1 kWh per 100 kilometres. The manufacturer states a range of more than 1,000 kilometres according to the Chinese test cycle.
According to the CN EV Post, new images and information from the interior of the crossover SUV are now available at the start of production. The dashboard is equipped with a 17.2-inch screen. Another 8-inch screen is located at the rear of the centre console so that passengers in the back seat can use it.
The Onvo L60 is the twelfth model from the Nio world and shares production facilities and processes with the main Nio brand, according to the Onvo board. Nio announced the brand name Onvo (International) and China Ledao (for China) back in March. Prior to this, preparations were made for the launch of the new brand under the working title ‘Alps’. It has been known since 2022 that the company was planning further sub-brands in addition to the current core brand Nio with higher-priced models (including the Firefly brand alongside Onvo).
Onvo is to stand for cheaper electric cars between 200,000 and 300,000 yuan (around 25,700 to 38,400 euros), positioning itself between Nio and the new budget brand Firefly. According to an earlier announcement by William Li, the vehicles will be ten per cent cheaper than the respective Tesla models. Onvo will place a special focus on the mobility needs of families.
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