Summary:
- Nio's sub-brand Ovo has begun deliveries of its L60 model across 60 cities in China, marking a significant expansion for the company.
- The L60 is a compact all-electric vehicle targeted at younger consumers, offering features like a large touchscreen display, advanced driver assistance systems, and a claimed range of up to 510 km.
- The launch of the L60 is part of Ovo's strategy to cater to a wider range of customers and further strengthen Nio's position in the growing Chinese electric vehicle market.