ONVO, NIO’s ambitious sub-brand, is setting aggressive growth targets as it strengthens its position in China’s competitive electric vehicle landscape. The company’s President Ai Tiecheng announced a series of milestone achievements during the 2024 ONVO Community Annual Gathering.
The ONVO L60 has achieved a significant breakthrough by becoming the first all-electric vehicle to secure a five-star rating in the 2024 C-NCAP safety tests. Certification validates ONVO’s commitment to engineering excellence and passenger safety.
ONVO brand’s trajectory shows promising momentum. After delivering 5,082 vehicles in November, ONVO is poised to cross the 10k-unit threshold in December. This rapid scaling aligns with parent company NIO’s strategic vision, as confirmed by CEO William Li.
ONVO’s aggressive expansion isn’t limited to production numbers. The company is rolling out an extensive service network, targeting 350 centers across 200 Chinese cities by year-end.
A major software enhancement scheduled for December aims to refine the driving experience.
With cumulative deliveries reaching 10,233 units, ONVO’s market presence is growing steadily. ONVO’s ambitious target of 20k monthly deliveries by March 2025 showcases its confidence in scaling operations.
Related Post
NIO CEO William Li Reveals Ambitious Plan to Double Vehicle Sales to 440k Units by 2025
NIO ET9 Steer-by-Wire Approved for Mass Production: Redefining Automotive Control
NIO End-to-End AI System for Autonomous Driving, January 2025 Update