An Onvo L60 on display at the Beijing Auto Show in April 2026. Credit: CnEVPost
- The updated Onvo L60 will offer versions equipped with LiDAR and Nio’s in-house developed Shenji NX9031 autonomous driving chip.
- Onvo’s full lineup, including the L90, L80, and the new L60, will be showcased at the Shenzhen Auto Show.
Nio Inc (NYSE: NIO) sub-brand Onvo is set to showcase its latest model at a major industry event in South China, as it intensively rolls out new products to maintain sales momentum.
Onvo president Shen Fei announced Thursday on Weibo that the updated Onvo L60 SUV (sport utility vehicle) will debut and begin pre-sales on May 29, the opening day of the 2026 Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show (Shenzhen Auto Show).
The brand’s entire lineup, including the Onvo L90, L80, and the new L60, will be exhibited together at the event.
Onvo’s media briefing at the Shenzhen Auto Show will start at 10 a.m. Beijing Time on May 29, when the pre-sales price of the updated L60 is expected to be announced.
The move highlights the Nio sub-brand’s efforts to keep its products fresh in China’s fiercely competitive EV market. The official launch of the updated L60 is expected in June.
Nio founder, chairman, and CEO William Li said at the launch event of the Onvo L80 on May 15 that Onvo would begin pre-sales for the updated L60 at the Shenzhen Auto Show, though he did not mention a specific date at the time.
The facelifted Onvo L60 will receive significant technological and hardware upgrades. The new vehicle will introduce Nio’s in-house developed 5-nanometer automotive-grade autonomous driving chip, the Shenji NX9031.
In addition, the model will add versions equipped with LiDAR, paired with the Nio World Model assisted driving solution.
This aligns with the strategy of the recently launched 2026 Onvo L90 and the new L80 model, aiming to offer more flexibility.
Smart EVs represent a joint transformation of the intelligence, electrification, and automotive industries, Shen said. The new L60 will serve as an important vehicle for consumers to experience the Nio World Model.
The Onvo L60 mid-size SUV was initially launched in September 2024. The starting price for vehicle purchase at that time was 206,900 yuan ($30,520). The starting price under the BaaS (battery as a service) battery rental option was 149,900 yuan.
For reference, the currently available Onvo L60 has a wheelbase of 2,950 millimeters and offers both single-motor and dual-motor versions, with a maximum range of up to 740 kilometers.
The current Onvo L60 does not use LiDAR, and its autonomous driving chip is the Nvidia Orin X.
Onvo is intensively expanding its product lineup to sustain delivery growth. The brand delivered a total of 5,352 vehicles in April this year, up 21.64% from the same period last year.
The upcoming Shenzhen Auto Show will be held from May 29 to June 7, marking China’s next major auto industry event following the record-breaking Beijing Auto Show.
The overall exhibition area of the Shenzhen auto show is expected to reach 300,000 square meters. Chinese EV makers, including BYD (HKEX: 1211), Xpeng (NYSE: XPEV), and Leapmotor (HKEX: 9863), will participate in the event.
Nio priced the ES9 starting at 498,000 yuan ($73,400) including the battery pack, down nearly 6% from the pre-sales price announced last month.
($1 = 6.7791 yuan)
