Nio will officially launch sub-brand Onvo on May 15, with the new brand's first model to go on sale in the third quarter and deliveries to begin in the fourth quarter, according to local media.
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This is the first time the side of the Onvo L60 has been seen in its entirety without camouflage, showing that the model looks somewhat similar to Nio's coupe SUV model, the EC6.
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BYD has been renovating its battery pack production lines in Anhui province and will supply smaller a battery pack for a version of Onvo's new EV, according to Reuters.
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Onvo's website address is onvo.cn, and the text in the center of the page reads "First model L60, stay tuned."
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The head of the Onvo brand is Ai Tiecheng, a senior vice president at Nio who was previously general manager of WeWork Greater China.
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A Nio website page that's only been available for a few hours describes the Onvo brand and the key features of the sub-brand's mobile app.
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A camouflaged Onvo L60 exits a Nio battery swap station, marking the first time the model has been seen performing a battery swap.
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An image of what is said to be Onvo's first model, the L60, is circulating in WeChat groups and on Weibo.
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Several spy shots of what is said to be Onvo's first model, the L60, show more details of the vehicle. Nio is expected to give the Onvo brand its debut in a month's time.
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Onvo's executive team didn't take a break during the just-concluded Qingming Festival holiday, but instead held meetings to prepare for the next marketing operations, according to local media.
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