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Nio prices Onvo L90 aggressively in profitability push 

The six-seater Onvo will start at CN¥265,800 as Nio targets profitability by the year’s end. By Stewart Burnett

Onvo has launched its L90 flagship SUV at CN¥265,800 (US$36,940), cutting CN¥14,100 (around 5%) from its pre-sales price in an aggressive move to support parent company Nio’s fourth-quarter profitability target. The battery swap option further reduces the entry price to CN¥179,800 with monthly rental fees of CN¥899.

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