Nio to launch affordable Onvo EV brand in Europe, starting with L60 midsize SUV

An orange coupe-style SUV — The Onvo L60 midsize SUV was launched in China in September. The Nio subbrand could appear in Europe as early as next March. (LUCA CIFERRI/CRAIN)

December 18, 2024 03:57 AM

SHENZHEN, China — Nio, the Chinese automaker known for its battery swap stations, will launch the Onvo brand in Europe next year.

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