Nio reports a 2.53% annual increase in car deliveries for July, delivering a total of 21,017 vehicles.
Nio Inc (NYSE: NIO) has seen a surge in vehicle deliveries in August 2025, thanks to the successful launch of the Onvo L90 SUV. The electric vehicle manufacturer started delivering the L90 on August 1, and as of August 21, more than 7,000 units have been delivered [1][2][5].
The L90 officially launched on July 31, with deliveries starting the next day across 44 cities in China [1][3][4]. The initial deliveries were fast, with 1,976 units delivered in the first 72 hours alone [1]. Despite this quick start, current wait times for the L90 have extended to 8 to 10 weeks, reflecting strong demand that outpaces supply [2][5].
Onvo's factory is working overtime to meet the ambitious target of exceeding 10,000 L90 deliveries in August [1][5]. The L90's lower price point (RMB 265,800 / ~$36,860) and family-focused features have contributed to its rapid acceptance and sales [1][4].
The strong delivery numbers of the L90 will significantly boost Onvo's and thus Nio Inc's overall vehicle delivery volume for August, which is strategically important for Nio as it targets profitability in the fourth quarter [5].
Onvo's delivery figures for July show a decrease of 6.63 percent from June, but the L90's launch and delivery could potentially impact Nio Inc's delivery figures for August [2]. The delivery figure for Onvo in July was 2,366 vehicles, while the Nio main brand delivered 12,675 vehicles [2].
In the first seven months of the year, Nio Inc delivered 135,167 vehicles, with the Nio main brand delivering 87,120 vehicles [3]. The year-on-year decrease for the Nio main brand in the first seven months of the year is 19.28 percent, while the year-on-year increase is 25.24 percent for Onvo [3].
The Onvo L90 is the latest addition to Nio's product lineup and represents a further reduction of RMB 14,100 from the previously competitive pre-sales price [4]. The L90's price point places it competitively in the SUV market.
The busy scenes at Onvo stores circulating on social media suggest that the L90 could significantly boost Nio Inc's August delivery volume [5]. Onvo increased the number of vehicles available for test drives from 600 to 1,000 to reduce customer wait times [2].
In addition to the L90, the Onvo brand delivered 37,838 vehicles in January-July [3]. The Onvo L90's launch and delivery could potentially contribute to Firefly's cumulative deliveries, which currently stand at 10,209 vehicles [6].
References:
[1] Nio's Onvo Brand Begins Delivering L90 Electric SUV in 44 Cities Across China. www.electricvehicles.com
[2] Onvo Launches Electric SUV L90 with 1,000 Test Drives in China. www.autonews.com
[3] Nio Delivers 135,167 Vehicles in First Seven Months of 2025. www.electriccarsreport.com
[4] Onvo L90 Electric SUV: Price, Specs, and Release Date. www.cnet.com
[5] Nio Onvo Targets 10,000 Deliveries of L90 Electric SUV in August 2025. www.bloomberg.com
[6] Nio's Firefly Brand Delivers 10,209 Vehicles in First Seven Months of 2025. www.motortrend.com
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