Onvo

Chinese EV automaker NIO has been teasing its third marque, codenamed “Firefly,” for quite some time now. Recently, executives at NIO have confirmed when it will officially launch the new ultra-affordable sub-brand and pull the sheet of its flagship model – NIO Day 2024.

Days after leaked spy images revealed a new EV nomenclature, NIO has publicly confirmed its upcoming sub-brand will be called “Onvo.” Previously codenamed “Alps,” Onvo EVs will be designed and targeted toward customers with families. We’ve also caught wind of the new brand’s official launch date.