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Nio Onvo hits milestone of 100,000th car delivered

This indicates that Onvo has delivered at least 9,721 vehicles this month as of today.

  • This indicates that Onvo has delivered at least 9,721 vehicles this month as of today.
  • Eighty percent of Onvo owners are family users, with over 70 percent having at least one child.
(Image credit: Onvo)

Onvo, a sub-brand of Nio Inc (NYSE: NIO), has reached the milestone of delivering its 100,000th vehicle, following the production of its 100,000th car just three days ago.

Onvo president Shen Fei delivered the milestone vehicle to its owner today in Shantou, Guangdong, about one year after the brand commenced deliveries.

This indicates that Onvo has delivered at least 9,721 vehicles so far this month, considering its cumulative deliveries of 90,279 units through September.

Onvo delivered 15,246 vehicles last month, accounting for 43.87 percent of Nio Inc's total monthly deliveries of 34,749 units, according to data compiled by CnEVPost.

In the automotive market, selling 100,000 vehicles isn't an astonishing achievement, the typically cautious Shen wrote on Weibo today.

As a young pure-electric brand, reaching 100,000 units is merely a new beginning for Onvo, with a long road ahead, he said.

Onvo released owner demographics today, revealing that 80 percent are family users, with over 70 percent having at least one child.

Among Onvo's 100,000 owners, about 40 percent were born in 1990 or later.

Onvo owners have cumulatively used the battery swap service 1,784,171 times, saving 83,856,037 minutes in charging time, according to the brand.

To date, Nio Inc operates 3,525 battery swap stations in China, with 2,173 accessible to Onvo users.

Onvo owners have driven a total of 874 million kilometers, with 206 million kilometers covered using assisted driving system.

Nio officially launched the Onvo brand on May 15, 2024, to enter the mass market after years of exploring the premium segment with its main Nio brand.

Onvo's first model, the L60 five-seat SUV, was officially launched on September 19, 2024, positioning as a competitor to Tesla (NASDAQ: TSLA) Model Y.

On September 19 this year, marking the L60's one-year anniversary, Onvo rolled out the updated L60 with unchanged pricing, with deliveries set to commence later this month.

On July 31, Onvo launched the L90 large SUV, offering six- and seven-seat configurations. Deliveries for the L90 started on August 1.

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