NIO's Onvo L60 electric SUV surpasses 20,000 deliveries in first 100 days

NIO's new electric SUV, the Onvo L60, has quickly gained popularity, achieving over 20,000 deliveries within 100 days of its launch. This model, introduced in September, is aimed at the mass market with a starting price of around $21,000. In its first full sales month, the L60 sold over 4,300 units, contributing significantly to NIO's overall sales. The company plans to double production from 10,000 units in December to 20,000 by March 2025. NIO also completed a successful long-range cold weather test for the L60, demonstrating efficient energy consumption. The company aims to expand its market presence, targeting up to 25 countries by the end of 2025, starting with the UK.