Nio's Third Factory to Commence Production in September, Suggesting Competitive Pricing for Onvo L90, According to William Li
**Nio's Onvo L90 SUV Set for September 2025 Production**
The electric vehicle (EV) market is abuzz with anticipation as Nio, a leading EV manufacturer, prepares to launch its latest offering - the Onvo L90 SUV. The flagship vehicle from Nio's sub-brand Onvo is set to begin production in September 2025, primarily at Nio's third factory (F3) in Hefei, Anhui province.
The factory tour, led by William Li, the founder, chairman, and CEO of Nio, was streamed live online and included renowned Chinese writer and ET9 owner Wu our X, along with nearly 100 entrepreneurs. This new factory, owned by electric vehicle maker Nio (NYSE: NIO), is largely dedicated to supporting the production of Onvo vehicles, including the L90 SUV.
The Onvo L90 made its official debut on the first day of the 2025 Shanghai auto show on April 23. The SUV, with dimensions of 5,145 mm in length, 1,998 mm in width, and 1,766/1,786 mm in height, with a wheelbase of 3,110 mm, showcased its ultra-large frunk and other storage spaces during its debut.
Pre-sales for the L90 began on July 10, 2025, with display vehicles already available in stores across China. Deliveries are expected to begin in August 2025, ahead of full production ramp-up at the new factory. The Onvo L90 will primarily compete with models whose names include the number 9, such as the Li Auto (NASDAQ: LI) Li L9.
Shen Fei, Onvo's current president, shared images of the completed Onvo L90 on Weibo, hinting that deliveries will begin soon. The L90 will be the first model launched by Shen Fei since he replaced Alan Ai as Onvo’s president in April.
Nio CEO William Li has confirmed that the Onvo L90 will be priced under RMB 300,000 ($41,870 USD), aiming to be competitive and aggressive in the market. With this price positioning, Nio hopes to boost the Onvo sub-brand's presence and market share with a family-oriented three-row SUV. The L90 will be a key model under the leadership of Onvo’s new president, Shen Fei.
The Onvo L90 is expected to be a significant player in the EV market, offering a spacious interior, competitive pricing, and a focus on family-oriented design. The production from the third factory will support the upcoming delivery of the Onvo L90, ensuring a smooth transition into the market for this highly anticipated vehicle.
- The upcoming Onvo L90 SUV, set for production in September 2025, will be Nio's latest offering in the electric vehicle (EV) market.
- The third factory (F3) of Nio, located in Hefei, Anhui province, will primarily focus on the production of Onvo vehicles, including the Onvo L90 SUV.
- The Onvo L90 will compete with models like the Li Auto Li L9 in the EV industry, given its launch timeline and similar product category.
- The Onvo L90's price, confirmed by Nio CEO William Li to be under RMB 300,000 ($41,870 USD), aims to make it competitive and aggressive within the EV market.
- The family-oriented design, spacious interior, and affordable pricing of the Onvo L90 are expected to contribute to its success and boost the presence of the Onvo sub-brand in the EV lifestyle and automotive technology sectors.
- The production of the Onvo L90 at Nio's third factory will be crucial for ensuring a smooth delivery process and transition into the market for this highly anticipated electric vehicle.
- With the Onvo L90's iterative autonomous features, innovative technology, and sleek design, it is poised to make a significant impact on the EV transportation landscape.
