The Evolution of the Onvo L60: From Mass-Market EV Launch to Fast-Rising Family SUV
The Onvo L60 is the first production vehicle from Onvo, a mass-market electric sub-brand of Nio Inc. Designed as a direct competitor to the Tesla Model Y and other mainstream electric SUVs, the L60 represents a major strategic shift for Nio—moving beyond premium-only vehicles into high-volume, affordable family EVs. Since entering production in 2024, the…