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Nio’s new subsidiary is called Onvo and is to compete with Tesla

Nio is launching its first sub-brand under the name China Ledao (乐道) or Onvo. The official market launch is planned for May 2024. Images of the first model, which will be called Onvo L60, are already circulating online.

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Image: Volkswagen

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Commercial Vehicles

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Car ReviewAutomobile

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