Onvo is a Chinese electric vehicle subordinate brand under Nio Inc., intended to target at the general mass market. The brand was released in 2024 and is based in Shanghai. Onvo's first model, the L60, went on sale in September 2024. From Wikipedia
BYD posts its best Q2 week with 62,200 sales, while Tesla achieves a 51.5% surge; emerging players like Leapmotor and Xiaomi also show significant growth.