Onvo
 | |
| Industry | Automotive |
|---|---|
| Founded | March 2024 |
Area served | China |
Key people | Alan Ai (president) |
| Products | Electric vehicles |
| Owner | Nio Inc. |
| Chinese name | |
| Simplified Chinese | 乐道 |
| Hanyu Pinyin | Lèdào |
| Website | onvo.cn |
Onvo (Chinese: 乐道; pinyin: Lèdào) is a Chinese manufacturer of Electric cars, based in Shanghai, operating since 2024 . It belongs to the Chinese concern NIO.
History[edit]
In the spring of 2023, the Chinese electric car manufacturer NIO announced plans to expand its portfolio with another two brands with a view to more affordable products better suited to, among others: to the needs of the European market[1]. One of them was to be a brand with the working nickname Alps[2], which was referred to as such in February 2024 when publishing photos of a camouflaged prototype of the first model of the new branch[3]. In March 2024, NIO secretly included the actual name of the new brand on prototype camouflage, referring to it as Onvo[4]. The inauguration took place in mid-May 2024[5], when the Onvo website and mobile application were launched for future users, and the branch president was introduced[6] and the first product - mid-size SUV-a L60[7]. Taking as priorities low energy consumption, large maximum range and affordable price in relation to, among others, Tesla Model Y, Onvo identified as a key element to help NIO increase market share and expand its audience[8].
Products[edit]
References[edit]
- ^ "New Nio sub-brand to focus on affordable electric cars". Retrieved 2024-05-18.
- ^ "New spy shots of Nio Alps model revealed, aims to beat Tesla Model Y". Retrieved 2024-05-18.
- ^ "Nio's first Alps branded EV brags that it's better than the Tesla Model Y in spy shots". Retrieved 2024-05-18.
- ^ "Nio's Alps sub-brand has its official name revealed through new spy shots". Retrieved 2024-05-18.
- ^ "Onvo introduces first electric SUV model L60 in China". Retrieved 2024-05-18.
- ^ "Who is head of Onvo? Nio president explains". Retrieved 2024-05-18.
- ^ "Nio formally launches Onvo sub-brand, 1st model L60 to challenge Tesla Model Y". Retrieved 2024-05-18.
- ^ "Onvo L60 likely to help Nio top 20,000 unit monthly sales, says Deutsche Bank". Retrieved 2024-05-18.
