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NIO Chair: ONVO L60 Manifests Immense Orders; Monthly Output 30K Cars in Mar 2025
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NIO-SW (09866.HK) (NIO.US) Chairman Li Bin said at the exchange meeting that, when talking about the order situation of ONVO, the server was a bit slow after being expanded five times, Chinese media quoted. It is not NIO's practice to unveil the number of orders, said Li, while revealing ONVO L60 has currently manifested immense orders. Li disclosed that there are currently no major manufacturing issues with the ONVO L60, and that the main focus is on strictly controlling the quality of the supply chain. At the moment, the F2 plant can produce 10,000 NIO vehicles and 20,000 ONVO vehicles per month. However, due to the impact of the supply chain, production capacity is still ramping up, confessed Li. Next month, ONVO will be able to produce 5,000 vehicles, and by December, it will be able to increase production to 10,000 vehicles. By January 2025, it will be able to achieve a production volume of at least 16,000 vehicles, and by March 2025, it will be able to produce 30,000 vehicles per month. AAStocks Financial News |
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