Nio launches mass-market brand Onvo, L60 SUV-coupe has lower energy density than Model Y and 1000 km range

On May 15, Nio launched its mass-market brand, Onvo. It is positioned under the Nio brand and focuses on young families. Onvo stands for On Voyage, and the Chinese name is Ledao (乐道).

The deliveries will start in Septemeber, and the presale started today for 219,900 yuan (30,500 USD).

Onvo L60 is an all-electric fastback SUV, and during the official launch, Nio heavily benchmarked it with the Tesla Model Y in all aspects. The EV’s energy consumption is 12.1 kWh/100km under CLTC conditions, which is better than the Model Y’s consumption of 12.5 kWh/100km under the same CLTC conditions, Nio claims.

The L60 is a mid-size SUV with dimensions 4828/1930/1616 mm (length/width/height) and a wheelbase of 2950mm.

For comparison, the Tesla Model Y has dimensions of 4750/1921/1624 mm and a wheelbase of 2890 mm.

The L60 will come in three range variants – 555 km, 730 km, and 1000+ km. It will feature 60 kWh, 90 kWh, and 150 kWh battery packs. L60 features 900V architecture, so expect some fast charging.

The drag coefficient is Cd=0.229 at 120km/h.

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