Onvo sees cumulative L60 deliveries exceed 20,000 units

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Onvo sees cumulative L60 deliveries exceed 20,000 units

CnEVPost2024-12-27

That's about 100 days after the L60 was launched, meaning the model has delivered at least 9,767 units so far this month. (Image credit: Onvo) Onvo, a sub-brand of Nio (NYSE: NIO), has seen cumulative...

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tosidon
·2024-12-27
Great to hear. 5 more days. Likely to aim for 11k ish for onvo. Since nio did not give any revised guidance today. I can confirm they meet their guidance. Hopefully they can reach the higher end or exceed. $6 pls.
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href=https://cnevpost.com/2024/12/27/onvo-l60-cumulative-deliveries-20000/><strong>CnEVPost</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>That's about 100 days after the L60 was launched, meaning the model has delivered at least 9,767 units so far this month.\n(Image credit: Onvo)\nOnvo, a sub-brand of Nio (NYSE: NIO), has seen cumulative...</p>\n\n<a href=\"https://cnevpost.com/2024/12/27/onvo-l60-cumulative-deliveries-20000/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2360106780.USD","symbol_name":"BGF WORLD TECHNOLOGY \"A4\" (USD) 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SGD"},"translate_title":"Onvo预计L60累计交付量超过20,000辆","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":1,"NIO":1,"NIO.SI":0.6,"TSYW.SI":0.6,"EVS.SI":0.6,"09866":0.6},"content_text":"That's about 100 days after the L60 was launched, meaning the model has delivered at least 9,767 units so far this month.\n(Image credit: Onvo)\nOnvo, a sub-brand of Nio (NYSE: NIO), has seen cumulative deliveries of its first model, the L60, exceed 20,000 units, with its goal of delivering 10,000 units this month basically secured.\nOnvo announced today on Chinese social media platform Weibo that cumulative deliveries of the L60 exceeded 20,000 units, about 100 days from launch.\nThe Nio sub-brand officially launched the L60, an electric SUV (sport utility vehicle) that is a competitor to Tesla's (NASDAQ: TSLA) Model Y, on September 19, with deliveries starting on September 28.\n\n\nJoin us on \nTelegram\n or \nGoogle News\n\n\n\nThe latest milestone means the Onvo L60 has delivered at least 9,767 units so far this month, considering its cumulative deliveries at the end of November were 10,233 units, CnEVPost calculations show.\nOver the past three months, monthly deliveries of the Onvo L60 have been 832, 4,319 and 5,082, respectively.\n\nThe model, aimed at the mass market, starts at RMB 206,900 ($28,350) including the battery pack, RMB 43,000 lower than the Tesla Model Y's current starting price of RMB 249,900 in China.\nNio management said after the launch of the Onvo L60 that the model's production capacity was expected to reach 10,000 units in December, at least 16,000 units in January 2025 and 20,000 units by March.\nIt is seen as crucial for Nio Inc to boost sales, and therefore profitability, though the slow capacity climb in the early days of availability has raised some concerns.\nOnvo's chief has repeatedly emphasized over the past few months that the brand is on a set pace with L60 production in an attempt to assuage those concerns.\nOnvo's deliveries would be ramped up this month, with more than 10,000 vehicles sure to be delivered in December, the brand's president, Alan Ai, said on December 18 in a post on the Onvo App.\nOnvo's service centers would reach 350 by the end of the year, covering 200 cities, he said at the time.\nNio Inc delivered 20,575 vehicles in November, including 15,493 under the main Nio brand that is targeting the premium market.\nThe company last month guided that fourth-quarter vehicle deliveries would be in the range of 72,000 to 75,000, meaning that it could deliver at least 30,449 vehicles in December.\nResponding to a question from CnEVPost in a media meetup on December 12, Nio founder, chairman, and CEO William Li said the company was confident of meeting its fourth-quarter deliveries guidance and more than 30,000 units would be delivered by Nio Inc in December.\nNio and its major local counterparts are expected to announce December delivery figures on January 1.\n($1 = RMB 7.2982)\nNio expects Onvo sub-brand to sell around 240,000 units in 2025, report says\n\n\n\n\n\n\n\nFollow us by email: \n\n\n\n\n\n    Get Newsletter\n  \n\n\n\n\n\n\n\nRelated posts on CnEVPost\n\n\n\n\n \n\n\nNio adds signature edition for ET9 after limited edition sells out\n\n\n\n\n\n \n\n\nExclusive: Firefly App sees 6-figure user registrations 72 hours after going live\n\n\n\n\n\n \n\n\nXiaomi EV officially announces tie-ups with Nio, Xpeng, Li Auto on charging network\n\n\n\n\n\n \n\n\nNio reportedly restructures smart driving team to accelerate use of end-to-end tech\n\n\n\n\nShare this post:XFacebookTelegramReddit\">RedditLinkedInPocketEmailWhatsAppPrintThreads","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":386045274522088,"gmtCreate":1735289978573,"gmtModify":1735289982664,"author":{"id":"3576228432089506","authorId":"3576228432089506","name":"tosidon","avatar":"https://community-static.tradeup.com/news/6be9be1d5d73d8ac9ca4ff0254f5415e","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3576228432089506","authorIdStr":"3576228432089506"},"htmlText":"Great to hear. 5 more days.&nbsp; Likely to aim for 11k ish for onvo. Since nio did not give any revised guidance today. I can confirm they meet their guidance. Hopefully they can reach the higher end or exceed. $6 pls.&nbsp;","listText":"Great to hear. 5 more days.&nbsp; Likely to aim for 11k ish for onvo. Since nio did not give any revised guidance today. I can confirm they meet their guidance. Hopefully they can reach the higher end or exceed. $6 pls.&nbsp;","text":"Great to hear. 5 more days. Likely to aim for 11k ish for onvo. Since nio did not give any revised guidance today. I can confirm they meet their guidance. Hopefully they can reach the higher end or exceed. $6 pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/386045274522088","repostId":2494452478,"repostType":2,"repost":{"id":"2494452478","kind":"highlight","pubTimestamp":1735264005,"share":"https://ttm.financial/m/news/2494452478?lang=&edition=fundamental","pubTime":"2024-12-27 09:46","market":"us","language":"en","title":"Onvo sees cumulative L60 deliveries exceed 20,000 units","url":"https://stock-news.laohu8.com/highlight/detail?id=2494452478","media":"CnEVPost","summary":"That's about 100 days after the L60 was launched, meaning the model has delivered at least 9,767 units so far this month.","content":"<div class=\"post-content\">\n<blockquote><p>That's about 100 days after the L60 was launched, meaning the model has delivered at least 9,767 units so far this month.</p></blockquote>\n<figure aria-describedby=\"caption-attachment-104404\" class=\"wp-caption alignnone\" id=\"attachment_104404\" style=\"width: 1200px\"><img alt=\"\" class=\"wp-image-104404 size-full\" data-lazy-src=\"https://img.cnevpost.com/2024/12/27094303/2024122701430371.jpg\" decoding=\"async\" fetchpriority=\"high\" height=\"639\" src=\"data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201200%20639'%3E%3C/svg%3E\" width=\"1200\"/><noscript><img alt=\"\" class=\"wp-image-104404 size-full\" decoding=\"async\" fetchpriority=\"high\" height=\"639\" src=\"https://img.cnevpost.com/2024/12/27094303/2024122701430371.jpg\" width=\"1200\"/></noscript><figcaption class=\"wp-caption-text\" id=\"caption-attachment-104404\">(Image credit: Onvo)</figcaption></figure>\n<p>Onvo, a sub-brand of <a class=\"st_tag internal_tag\" href=\"https://cnevpost.com/nio/\" rel=\"tag\" title=\"\">Nio</a> (NYSE: NIO), has seen cumulative deliveries of its first model, the L60, exceed 20,000 units, with its goal of delivering 10,000 units this month basically secured.</p>\n<p>Onvo announced today on Chinese social media platform Weibo that cumulative deliveries of the L60 exceeded 20,000 units, about 100 days from launch.</p>\n<p>The Nio sub-brand <a href=\"https://cnevpost.com/2024/09/20/nio-onvo-launches-l60/\">officially launched the L60</a>, an electric SUV (sport utility vehicle) that is a competitor to <a class=\"st_tag internal_tag\" href=\"https://cnevpost.com/tesla/\" rel=\"tag\" title=\"\">Tesla</a>'s (NASDAQ: TSLA) Model Y, on September 19, with deliveries starting on September 28.</p><div class=\"code-block code-block-3\" style=\"margin: 8px auto; text-align: center; display: block; clear: both;\">\n<div class=\"subscription-container\">\n<div class=\"subscription-content\">\n<span class=\"bold-text\">Join us on </span>\n<a class=\"subscribe-button\" href=\"https://t.me/CnEVPost\" rel=\"noopener noreferrer\" target=\"_blank\">Telegram</a>\n<span class=\"bold-text\"> or </span>\n<a class=\"subscribe-button\" href=\"https://cnev.co/gnews\" rel=\"noopener noreferrer\" target=\"_blank\">Google News</a>\n</div>\n</div>\n<style></style></div>\n<p>The latest milestone means the Onvo L60 has delivered at least 9,767 units so far this month, considering its cumulative deliveries at the end of November were 10,233 units, CnEVPost calculations show.</p>\n<p>Over the past three months, monthly deliveries of the Onvo L60 have been 832, 4,319 and 5,082, respectively.</p>\n<p><img data-lazy-src=\"https://img.cnevpost.com/2024/12/01151033/2024120107103289.jpg\" decoding=\"async\" src=\"data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%200%200'%3E%3C/svg%3E\"/><noscript><img decoding=\"async\" src=\"https://img.cnevpost.com/2024/12/01151033/2024120107103289.jpg\"/></noscript></p>\n<p>The model, aimed at the mass market, starts at RMB 206,900 ($28,350) including the battery pack, RMB 43,000 lower than the Tesla Model Y's current starting price of RMB 249,900 in China.</p>\n<p>Nio management said after the launch of the Onvo L60 that the model's production capacity was expected to reach 10,000 units in December, at least 16,000 units in January 2025 and 20,000 units by March.</p>\n<p>It is seen as crucial for Nio Inc to boost sales, and therefore profitability, though the slow capacity climb in the early days of availability has raised some concerns.</p>\n<p>Onvo's chief has repeatedly emphasized over the past few months that the brand is on a set pace with L60 production in an attempt to assuage those concerns.</p>\n<p>Onvo's deliveries would be ramped up this month, with more than 10,000 vehicles sure to be delivered in December, the brand's president, Alan Ai, <a href=\"https://cnevpost.com/2024/12/18/onvo-deliveries-to-speed-up-dec-target/\">said on December 18</a> in a post on the Onvo App.</p>\n<p>Onvo's service centers would reach 350 by the end of the year, covering 200 cities, he said at the time.</p>\n<p>Nio Inc delivered 20,575 vehicles in November, including 15,493 under the main Nio brand that is targeting the premium market.</p>\n<p>The company last month guided that fourth-quarter vehicle deliveries would be in the range of 72,000 to 75,000, meaning that it could deliver at least 30,449 vehicles in December.</p>\n<p>Responding to a question from CnEVPost in a <a href=\"https://cnevpost.com/2024/12/12/nio-year-end-2024-media-meet/\">media meetup on December 12</a>, Nio founder, chairman, and CEO William Li said the company was confident of meeting its fourth-quarter deliveries guidance and more than 30,000 units would be delivered by Nio Inc in December.</p>\n<p>Nio and its major local counterparts are expected to announce December delivery figures on January 1.</p>\n<p>($1 = RMB 7.2982)</p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"YLn9Jcqclt\"><p><a href=\"https://cnevpost.com/2024/12/04/nio-expects-onvo-sell-240000-2025-report/\">Nio expects Onvo sub-brand to sell around 240,000 units in 2025, report says</a></p></blockquote>\n<p><iframe class=\"wp-embedded-content\" data-lazy-src=\"https://cnevpost.com/2024/12/04/nio-expects-onvo-sell-240000-2025-report/embed/#?secret=sbRO85CxzO#?secret=YLn9Jcqclt\" data-rocket-lazyload=\"fitvidscompatible\" data-secret=\"YLn9Jcqclt\" frameborder=\"0\" height=\"282\" loading=\"lazy\" marginheight=\"0\" marginwidth=\"0\" sandbox=\"allow-scripts\" scrolling=\"no\" security=\"restricted\" src=\"about:blank\" style=\"position: absolute; visibility: hidden;\" title=\"“Nio expects Onvo sub-brand to sell around 240,000 units in 2025, report says” — CnEVPost\" width=\"500\"></iframe><noscript><iframe class=\"wp-embedded-content\" data-secret=\"YLn9Jcqclt\" frameborder=\"0\" height=\"282\" marginheight=\"0\" marginwidth=\"0\" sandbox=\"allow-scripts\" scrolling=\"no\" security=\"restricted\" src=\"https://cnevpost.com/2024/12/04/nio-expects-onvo-sell-240000-2025-report/embed/#?secret=sbRO85CxzO#?secret=YLn9Jcqclt\" style=\"position: absolute; visibility: hidden;\" title=\"“Nio expects Onvo sub-brand to sell around 240,000 units in 2025, report says” — CnEVPost\" width=\"500\"></iframe></noscript></p>\n<p><img alt=\"\" class=\"alignnone size-medium wp-image-104405\" data-lazy-src=\"https://img.cnevpost.com/2024/12/27094309/2024122701430823.jpg\" decoding=\"async\" height=\"946\" src=\"data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20800%20946'%3E%3C/svg%3E\" width=\"800\"/><noscript><img alt=\"\" class=\"alignnone size-medium wp-image-104405\" decoding=\"async\" height=\"946\" src=\"https://img.cnevpost.com/2024/12/27094309/2024122701430823.jpg\" width=\"800\"/></noscript></p>\n<p><img alt=\"\" class=\"alignnone size-medium wp-image-104406\" data-lazy-src=\"https://img.cnevpost.com/2024/12/27094316/2024122701431687.jpg\" decoding=\"async\" height=\"935\" src=\"data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20800%20935'%3E%3C/svg%3E\" 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}\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOnvo sees cumulative L60 deliveries exceed 20,000 units\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-27 09:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://cnevpost.com/2024/12/27/onvo-l60-cumulative-deliveries-20000/><strong>CnEVPost</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>That's about 100 days after the L60 was launched, meaning the model has delivered at least 9,767 units so far this month.\n(Image credit: Onvo)\nOnvo, a sub-brand of Nio (NYSE: NIO), has seen cumulative...</p>\n\n<a href=\"https://cnevpost.com/2024/12/27/onvo-l60-cumulative-deliveries-20000/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","BK4585":"ETF&股票定投概念","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0056508442.USD":"贝莱德世界科技基金A2","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","TSLA":"特斯拉","BK4592":"伊斯兰概念","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","NIO":"蔚来","LU1914381329.SGD":"Allianz Best Styles Global 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SGD"},"source_url":"https://cnevpost.com/2024/12/27/onvo-l60-cumulative-deliveries-20000/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2494452478","content_text":"That's about 100 days after the L60 was launched, meaning the model has delivered at least 9,767 units so far this month.\n(Image credit: Onvo)\nOnvo, a sub-brand of Nio (NYSE: NIO), has seen cumulative deliveries of its first model, the L60, exceed 20,000 units, with its goal of delivering 10,000 units this month basically secured.\nOnvo announced today on Chinese social media platform Weibo that cumulative deliveries of the L60 exceeded 20,000 units, about 100 days from launch.\nThe Nio sub-brand officially launched the L60, an electric SUV (sport utility vehicle) that is a competitor to Tesla's (NASDAQ: TSLA) Model Y, on September 19, with deliveries starting on September 28.\n\n\nJoin us on \nTelegram\n or \nGoogle News\n\n\n\nThe latest milestone means the Onvo L60 has delivered at least 9,767 units so far this month, considering its cumulative deliveries at the end of November were 10,233 units, CnEVPost calculations show.\nOver the past three months, monthly deliveries of the Onvo L60 have been 832, 4,319 and 5,082, respectively.\n\nThe model, aimed at the mass market, starts at RMB 206,900 ($28,350) including the battery pack, RMB 43,000 lower than the Tesla Model Y's current starting price of RMB 249,900 in China.\nNio management said after the launch of the Onvo L60 that the model's production capacity was expected to reach 10,000 units in December, at least 16,000 units in January 2025 and 20,000 units by March.\nIt is seen as crucial for Nio Inc to boost sales, and therefore profitability, though the slow capacity climb in the early days of availability has raised some concerns.\nOnvo's chief has repeatedly emphasized over the past few months that the brand is on a set pace with L60 production in an attempt to assuage those concerns.\nOnvo's deliveries would be ramped up this month, with more than 10,000 vehicles sure to be delivered in December, the brand's president, Alan Ai, said on December 18 in a post on the Onvo App.\nOnvo's service centers would reach 350 by the end of the year, covering 200 cities, he said at the time.\nNio Inc delivered 20,575 vehicles in November, including 15,493 under the main Nio brand that is targeting the premium market.\nThe company last month guided that fourth-quarter vehicle deliveries would be in the range of 72,000 to 75,000, meaning that it could deliver at least 30,449 vehicles in December.\nResponding to a question from CnEVPost in a media meetup on December 12, Nio founder, chairman, and CEO William Li said the company was confident of meeting its fourth-quarter deliveries guidance and more than 30,000 units would be delivered by Nio Inc in December.\nNio and its major local counterparts are expected to announce December delivery figures on January 1.\n($1 = RMB 7.2982)\nNio expects Onvo sub-brand to sell around 240,000 units in 2025, report says\n\n\n\n\n\n\n\nFollow us by email: \n\n\n\n\n\n    Get Newsletter\n  \n\n\n\n\n\n\n\nRelated posts on CnEVPost\n\n\n\n\n \n\n\nNio adds signature edition for ET9 after limited edition sells out\n\n\n\n\n\n \n\n\nExclusive: Firefly App sees 6-figure user registrations 72 hours after going live\n\n\n\n\n\n \n\n\nXiaomi EV officially announces tie-ups with Nio, Xpeng, Li Auto on charging network\n\n\n\n\n\n \n\n\nNio reportedly restructures smart driving team to accelerate use of end-to-end tech\n\n\n\n\nShare this post:XFacebookTelegramReddit\">RedditLinkedInPocketEmailWhatsAppPrintThreads","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}