News Flash丨NIO Celebrates Production of 500,000th Vehicle, Preps for New Brand Onvo’s Launch

NIO celebrates its 500,000th mass-produced model, a new ES8, and announces the launch of its second brand "Onvo" on May 15.

nio · 2024-05-09

NIO reached a significant milestone with the construction of its 500,000th mass-produced vehicle, a newly configured ES8.

Celebrating its continued dominance in China's premium EV market with transaction values over RMB 300,000, NIO represents the evolution of technological and brand enhancement within China's vehicle sector.

Furthermore, the firm announced that it will officially debut its second brand, "Onvo," on May 15. Such achievement and passion are consistent with NIO's unwavering commitment to revolutionize the EV sector. After meeting its delivery target of around 30,000 vehicles in the first quarter of 2024, NIO sets a delivery goal of 230,000 vehicles for that year. With these accomplishments, NIO remains a key player in the global EV industry's growth.

keywords: #NIO ES8 #NIO 500000th EV Production #NIO Onvo #Launch of Onvo

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