NIO brand Onvo has announced that the first L60 vehicle has come off the production line.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Onvo, which is targeted at families, says the L60 is an SUV which will compete with Tesla’s Model Y.
In a LinkedIn post, Hui Zhang, NIO Group Vice President NIO said: “Huge congratulations to the ONVO team on the first production of the all-new ONVO L60! This marks a significant milestone for the NIO Group as we introduce one of our two new sub-brands.”
The L60 features a spacious interior and is built on a 900v platform architecture that supports ultra-fast charging. It also enables battery swapping.
First deliveries in China of the L60 are expected in September, with Mr Zhang adding that no launch date has been confirmed for Europe.
