NIO and William Li: History, Battery Swap and Brands
How William Li built NIO around premium EVs, battery swapping, BaaS and a user community—and how ONVO and FIREFLY changed its scale and risks.
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2 articles in this collection
ONVO L60 Surpasses 100,000 Deliveries as NIO’s Sub-Brand Strategy Clicks Into High Gear
ONVO, NIO's sub-brand, delivers its 100,000th L60 SUV in under 21 months. The 2026 model starts at $28,350 ($19,970 with BaaS subscription) — putting Tesla Model Y-rivaling specs within mass-market reach.