Onvo Weekly Registrations Hit Five-Month High Ahead of L90 Launch

Onvo Weekly Registrations Hit Five-Month High Ahead of L90 Launch

Nio’s sub-brand Onvo recorded its highest weekly insurance registrations since late February, signaling a potential rebound in demand ahead of the official launch of its second model. Insurance registration data shared on Weibo showed that the brand launched last year registered 1,720 vehicles in the third week of July, a 50.9% jump from 1,140 the previous week. The result ends two consecutive weeks of declines and marks the strongest weekly per…

Onvo begins L90 test drives as optimism pushes Nio shares higher

Since the L90 began pre-sales on July 10, Nio shares have risen 43 percent in Hong Kong. For details, please visit CnEVPost.