Onvo's president re-emphasized that this month's target of delivering more than 10,000 units will be met, after weekly data showed that deliveries remained slow last week.
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Category: Nio Onvo
The first model from the Nio battery swap alliance is doing winter testing, and the Firefly sub-brand will start selling in Europe next year.
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Nio expects the Onvo sub-brand to sell around 240,000 units for the full year in 2025, with the Firefly sub-brand selling around 5,000 units per month, according to local media.
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Chinese customers ordering the Onvo L60 now have an estimated delivery wait time of 8-10 weeks, down from 10-14 weeks previously.
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Deliveries of the L60 are proceeding at a set pace with a goal of delivering more than 10,000 units in a single month in December, Onvo president said.
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Deutsche Bank raised its sales forecast for Nio Inc in 2025, using the same 450,000 full-year 2025 sales assumption as the company's guidance.
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Chinese customers who currently buy the Onvo L60 are expected to get deliveries 10-14 weeks after locking in their orders, down from 12-16 weeks previously.
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The new mid-to-large-size SUV will be a key weapon in Onvo's drive to boost deliveries next year, a local media report said.
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Nio's sub-brand Onvo has promised that customers ordering L60s now will get deliveries within this year, saying that bottlenecks previously limiting capacity ramp-up are being quickly resolved.
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The Onvo L60 is currently only available with a 60-kWh battery pack, and deliveries of long-range vehicles with an 85-kWh pack are expected to begin in December.
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