{"id":151459,"date":"2024-05-10T10:56:46","date_gmt":"2024-05-10T08:56:46","guid":{"rendered":"https:\/\/newmobility.news\/?p=151459"},"modified":"2024-05-10T11:17:15","modified_gmt":"2024-05-10T09:17:15","slug":"nio-celebrates-500000th-ev-and-preps-sub-brand-onvo-launch","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2024\/05\/10\/nio-celebrates-500000th-ev-and-preps-sub-brand-onvo-launch\/","title":{"rendered":"NIO celebrates 500,000th EV and preps sub-brand Onvo launch"},"content":{"rendered":"<p>Chinese automaker NIO has celebrated the 500,000th car, an ES8, rolling off the production lines of its F2 plant at NeoPark in Hefei, the capital of east China's Anhui Province. With that milestone, it confirms its position as China's leading premium EV brand in the market for cars above 300,000 yuan (\u20ac38,500), the number one place it has maintained since 2019 in China.<\/p><p>At the ceremony, NIO confirmed it will officially launch its sub-brand Onvo (Ledao in China) on May 15th. The sub-brand is targeted to compete with Tesla's popular Model Y at a price of around 250,000 yuan (\u20ac32,000). William Li, Nio's founder, chairman, and CEO, said NIO can build the Onvo L60 at a cost about 10 percent cheaper than that of the Tesla Model Y.<\/p><div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\">This content has been archived. <a href=\"https:\/\/newmobility.news\/en\/subscription\/\">Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Chinese automaker NIO has celebrated the 500,000th car, an ES8, rolling off the production lines of its F2 plant at NeoPark in Hefei, the capital of east China&#8217;s Anhui Province. With that milestone, it confirms its position as China&#8217;s leading premium EV brand in the market for cars above 300,000 yuan (\u20ac38,500), the number one [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":151480,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[77160,16,8,4],"tags":[],"class_list":["post-151459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china","category-industry","category-product","category-top-stories-today"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?fit=1021%2C757&ssl=1",1021,757,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?fit=300%2C222&ssl=1",300,222,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?fit=640%2C475&ssl=1",640,475,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?fit=640%2C475&ssl=1",640,475,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?fit=1021%2C757&ssl=1",1021,757,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?fit=1021%2C757&ssl=1",1021,757,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?fit=16%2C12&ssl=1",16,12,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?fit=560%2C415&ssl=1",560,415,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?resize=1021%2C240&ssl=1",1021,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?resize=1021%2C180&ssl=1",1021,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?resize=1021%2C180&ssl=1",1021,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?resize=1021%2C168&ssl=1",1021,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?resize=1021%2C180&ssl=1",1021,180,true]},"post_excerpt_stackable_v2":"<p>Chinese automaker NIO has celebrated the 500,000th car, an ES8, rolling off the production lines of its F2 plant at NeoPark in Hefei, the capital of east China&#8217;s Anhui Province. With that milestone, it confirms its position as China&#8217;s leading premium EV brand in the market for cars above 300,000 yuan (\u20ac38,500), the number one place it has maintained since 2019 in China.At the ceremony, NIO confirmed it will officially launch its sub-brand Onvo (Ledao in China) on May 15th. The sub-brand is targeted to compete with Tesla&#8217;s popular Model Y at a price of around 250,000 yuan (\u20ac32,000). William&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/newmobility.news\/en\/category\/china\/\" rel=\"category tag\">China<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/industry\/\" rel=\"category tag\">Industry<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/product\/\" rel=\"category tag\">Product<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/top-stories-today\/\" rel=\"category tag\">Top Stories Today<\/a>","author_info_v2":{"name":"Joris Van Roy","url":"https:\/\/newmobility.news\/en\/author\/jorisximcom-be\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NIO celebrates 500,000th EV and preps sub-brand Onvo launch - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2024\/05\/10\/nio-celebrates-500000th-ev-and-preps-sub-brand-onvo-launch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NIO celebrates 500,000th EV and preps sub-brand Onvo launch - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"Chinese automaker NIO has celebrated the 500,000th car, an ES8, rolling off the production lines of its F2 plant at NeoPark in Hefei, the capital of east China&#039;s Anhui Province. With that milestone, it confirms its position as China&#039;s leading premium EV brand in the market for cars above 300,000 yuan (\u20ac38,500), the number one [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmobility.news\/en\/2024\/05\/10\/nio-celebrates-500000th-ev-and-preps-sub-brand-onvo-launch\/\" \/>\n<meta property=\"og:site_name\" content=\"newmobility.news\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/search\/top\/?q=newmobility.news\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-10T08:56:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-10T09:17:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newmobility.news\/wp-content\/uploads\/2024\/05\/Scherm\u00adafbeelding-2024-05-10-om-09.57.01.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1021\" \/>\n\t<meta property=\"og:image:height\" content=\"757\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Joris Van Roy\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:site\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Joris Van Roy\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/05\\\/10\\\/nio-celebrates-500000th-ev-and-preps-sub-brand-onvo-launch\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/05\\\/10\\\/nio-celebrates-500000th-ev-and-preps-sub-brand-onvo-launch\\\/\"},\"author\":{\"name\":\"Joris Van Roy\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/#\\\/schema\\\/person\\\/993f2da7cd774079044984132dee0ef0\"},\"headline\":\"NIO celebrates 500,000th EV and preps sub-brand Onvo launch\",\"datePublished\":\"2024-05-10T08:56:46+00:00\",\"dateModified\":\"2024-05-10T09:17:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/05\\\/10\\\/nio-celebrates-500000th-ev-and-preps-sub-brand-onvo-launch\\\/\"},\"wordCount\":456,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/05\\\/10\\\/nio-celebrates-500000th-ev-and-preps-sub-brand-onvo-launch\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/Scherm%C2%ADafbeelding-2024-05-10-om-09.57.01.png?fit=1021%2C757&ssl=1\",\"articleSection\":[\"China\",\"Industry\",\"Product\",\"Top Stories Today\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/newmobility.news\\\/2024\\\/05\\\/10\\\/nio-celebrates-500000th-ev-and-preps-sub-brand-onvo-launch\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/05\\\/10\\\/nio-celebrates-500000th-ev-and-preps-sub-brand-onvo-launch\\\/\",\"url\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/05\\\/10\\\/nio-celebrates-500000th-ev-and-preps-sub-brand-onvo-launch\\\/\",\"name\":\"NIO celebrates 500,000th EV and preps sub-brand Onvo launch - 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