Onvo L60 is the company’s answer to the Tesla (TSLA) Model Y with a more affordable sticker price and battery-swapping ...

Nio Inc (NYSE:NIO) shares are trading lower. Goldman Sachs on Monday downgraded the EV maker to Sell and cut the price target. Here's a look at what you need to know.

NIO (NYSE: NIO) plans to expand into 25 overseas markets by the end of next year. With its new lower-cost Onvo brand already ...

Tesla’s (NASDAQ:TSLA) meteoric climb since President-elect Trump’s victory has added another $350M to its market cap as the ...

Nio topping 20,000 vehicle deliveries each of the past six months helped secure its premium position in China. CEO William ...

A rumor spreading like wildfire on social media claims BYD will be taking over NIO (NYSE: NIO) as the EV giant gobbles up ...

At the end of October, Nio had 166 Onvo centers and spaces across 60 cities with plans to expand its network to drive growth.

The Onvo marks another bold step for Nio toward an expanding lineup of electric models. However, the production ramp-up so far has fallen short of expectations. While the brand has promise in ...

While the may be a little cannibalization from the main brand, analysts went into Wednesday's report expecting almost 39% ...

NIO expanded beyond its luxury lineup with the launch of a more affordable ONVO brand. On Sept. 19, deliveries of L60— ONVO’s ...

While Onvo has been ramping deliveries for months now, the speed of the ramp has been found lacking. This gradual progress may slow Nio's ambitions of dominating the global EV market.