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Onvo president Alan Ai steps down as sales targets fall short

Onvo president Alan Ai steps down as sales targets fall short

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The president of Nio's second brand, Onvo , has stepped down, citing underperformance in sales for the highly anticipated Onvo L60.

The post Onvo president Alan Ai steps down as sales targets fall short appeared first on CarNewsChina.com.

Onvo sales were slashed by 30% due to negative public sentiment, Nio CEO said

Onvo sales were slashed by 30% due to negative public sentiment,...

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According to the Nio CEO, negative public sentiment is to blame for a 30% drop in Onvo sales.

The post Onvo sales were slashed by 30% due to negative public sentiment, Nio CEO said appeared first on CarNewsChina.com.

Onvo CEO Alan Ai addresses public opinion storm

Onvo CEO Alan Ai addresses public opinion storm

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Onvo CEO Alan Ai intends to treat mockery and doubt as a form of encouragement and will continue to improve.

The post Onvo CEO Alan Ai addresses public opinion storm appeared first on CarNewsChina.com.

Automakers' share of China NEV market in Feb: BYD tops with 29.2%, Tesla 7th with 3.8%

Automakers’ share of China NEV market in Feb: BYD tops with...

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Xiaomi EV entered CPCA's monthly leaderboard for the first time, coming in at No. 9 in the NEV market with 23,728 sales and a 3.4 percent share.

China NEV retail at 720,000 in Feb, down 3% from Jan,...

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China's retail sales of all passenger vehicles stood at 1.397 million units in February, up 26 percent year-on-year but down 22 percent from January.
China EV Giants Race Ahead as BYD, Li Auto, XPeng, and NIO Post Solid Deliveries in February

China EV Giants Race Ahead as BYD, Li Auto, XPeng, and...

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China’s electric vehicle (EV) makers are gaining speed as demand for clean energy cars keeps rising. Li Auto ($LI), XPeng ($XPEV), Nio ($NIO), and BYD ($BYDDF) all ...
Nio delivered 13,192 vehicles in February, up 62%

Nio delivered 13,192 vehicles in February, up 62%

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Nio Group delivered 13,192 vehiels in February, up 62.2% year-over-year. Deliveries consited of 9,143 Nio brand and 4,049 Onvo L60 vehicles.

The post Nio delivered 13,192 vehicles in February, up 62% appeared first on CarNewsChina.com.

China Feb EV sales preview: Deutsche Bank expects Nio at 13,000, Tesla 30,000, BYD 340,000

China Feb EV sales preview: Deutsche Bank expects Nio at 13,000,...

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Deutsche Bank expects the Nio main brand to deliver around 8,000 units in February, and the Onvo sub-brand around 5,000 units.
China EV insurance registrations for week ending Feb 23: Nio 2,500, Onvo 1,400, Tesla 7,000, Xiaomi 6,400, BYD 59,100

China EV insurance registrations for week ending Feb 23: Nio 2,500,...

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Xpeng was at 8,800 units, Li Auto 7,700, Zeekr 3,500, Leapmotor 5,500 and Aito 3,900.