NIO brand Onvo has announced that the first L60 vehicle has come off the production line. Onvo, which is targeted at families, says the L60 is an SUV which will compete with Tesla’s Model Y.

NIO's ONVO L60 SUV has driven significant delivery growth, reaching 10,000 monthly deliveries by December 2024, and is a key growth lever for 2025. Despite impressive sales and vehicle margin ...

Onvo is a brand new Nio sub-brand, and the L60 electric coupe-like crossover is its first model. Nio wants to challenge the Tesla Model Y’s position as the world’s best-selling vehicle with an ...

The large-size Onvo L90 sports utility vehicle is expected to have a price tag close to midsize Tesla Model Y.