Nio’s sub-brand Onvo is rapidly gaining traction in China’s competitive electric SUV market. The brand’s flagship model, the Onvo L90, which has quickly become its top-selling vehicle, is now offering buyers a more affordable entry point through a 60 kWh battery option. This new variant is available exclusively through Nio’s Battery-as-a-Service (BaaS) program, meaning customers cannot purchase the smaller battery outright they can only rent it.
Summary Table
| Feature | Details |
|---|---|
| Model | Onvo L90 |
| Brand | Nio (Onvo sub-brand) |
| New Battery Option | 60 kWh (rental-only) |
| Standard Battery | 85 kWh |
| Purchase Price with 60 kWh BaaS | 179,800 yuan (25,000 USD) |
| Monthly Rental Fee (60 kWh) | 599 yuan (83 USD) |
| Monthly Rental Fee (85 kWh) | 899 yuan (125 USD) |
| Upgrade Costs | Daily: 45 yuan, Monthly: 800 yuan, Annual: 8,800 yuan |
| Launch Sales | 1,976 units in first 72 hours |
| BaaS Adoption | 70% of buyers |
| Official Website | https://www.nio.com |
Record-Breaking Launch Performance
The Onvo L90 launched to impressive sales figures. Within its first 72 hours of release, the large electric SUV recorded 1,976 cumulative deliveries, placing it among the top three large SUV weekly sales in China.
Notably, this figure exceeded the combined sales of rival Li Auto’s L9 and L8 models by 775 units during the same period, according to automotive data provider Yiche.
This strong market reception underscores the L90’s appeal as a value-driven large SUV, particularly in the premium electric segment where price, range, and technology play crucial roles.
Details of the New 60 kWh Battery Option
On August 11, Shen Fei, Senior Vice President of Nio and President of Onvo, confirmed that the 60 kWh battery pack is now available for the L90.
The 60 kWh battery option:
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Is rental-only through the BaaS model.
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Reduces the monthly rental cost to 599 yuan (approx. 83 USD), down from 899 yuan (125 USD) for the standard 85 kWh battery pack.
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Brings the L90’s starting price down to 179,800 yuan (approx. 25,000 USD).
This lower monthly fee represents a 300 yuan (42 USD) savings for BaaS customers, making the L90 more financially accessible while still offering flexibility to upgrade to a larger battery in the future.
Flexible Battery Upgrade and Downgrade Options
Onvo has designed the battery rental plan to cater to changing customer needs.
Upgrading from 60 kWh to 85 kWh Battery:
Customers who start with the 60 kWh battery can temporarily or permanently upgrade to the 85 kWh pack based on usage scenarios:
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Daily upgrade: 45 yuan (6 USD) per day
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Monthly upgrade: 800 yuan (112 USD) per month
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Annual upgrade: 8,800 yuan (1,223 USD) per year
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Permanent upgrade: Monthly rental adjusts to 899 yuan (125 USD)
If the upgrade is made within one year of delivery, the service fee is just 1 yuan (14 cents), with Onvo covering the cost difference. Upgrades after one year will be charged at the prevailing service fee.
Downgrading from 85 kWh to 60 kWh Battery:
Interestingly, Onvo also allows customers who initially rent the 85 kWh pack to switch to the 60 kWh battery, offering even more flexibility for owners whose driving patterns change over time.
No Purchase Option for 60 kWh Pack
It’s important to note that Onvo’s strategy for the L90 is clear:
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The 85 kWh battery remains the standard configuration for purchase.
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The 60 kWh battery is strictly for rental under the BaaS model, with no outright purchase option available.
This aligns with Nio’s broader push to promote its BaaS ecosystem, which separates the cost of the battery from the vehicle, reducing the upfront purchase price while generating recurring revenue through monthly rentals.
Popularity of BaaS Among L90 Buyers
Onvo reports that 70% of current L90 customers have chosen the BaaS option, reflecting a strong preference for lower upfront costs and battery flexibility. The rental model also ensures that customers always have access to the latest battery technology without needing to replace the entire vehicle.
Frequently Asked Questions
Q1: Can I buy the Onvo L90 with a 60 kWh battery outright?
A. No, the 60 kWh battery is only available through Nio’s BaaS rental program.
Q2: How much does the 60 kWh battery rental cost per month?
A. The monthly rental fee is 599 yuan (approximately 83 USD).
Q3: Can I upgrade to an 85 kWh battery later?
A. Yes, you can temporarily or permanently upgrade to an 85 kWh battery. Daily, monthly, and annual upgrade plans are available, along with a permanent upgrade option.
Q4: Is it possible to downgrade from 85 kWh to 60 kWh?
A. Yes, Onvo allows customers to downgrade from the larger battery to the smaller one if desired.
Q5: Why is the BaaS model popular among L90 buyers?
A. It lowers the upfront cost of the vehicle and offers flexibility to change battery capacities based on driving needs.
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