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Will the ONVO L90's Fast Market Entry Boost NIO's Competitive Edge?
ZACKS·2025-07-23 23:00

Key Takeaways NIO Inc.'s (NIO) sub-brand ONVO, which focuses on the family vehicle segment, started offering test drives for its upcoming L90 flagship electric SUV in China on Wednesday. Nearly 600 L90 units became available for test drives at more than 400 Onvo showrooms across 140 cities. ONVO has officially announced that the L90 will launch on July 31. This is the first time the company has disclosed a specific date. Pre-sales for the large all-electric SUV began on July 10, 2025, and the deliveries wou ...