$NIO Inc.(NIO)$ Nio recorded 2,400 registrations, increasing 20.0% from 2,000 units the previous week. In the first three weeks of March, Nio registered 6,300 vehicles in China.
Onvo posted 1,200 registrations, down 7.7% from 1,300 units a week earlier. In the first three weeks of March, Onvo registered 3,600 vehicles in China. Onvo sells a single model, an L60 SUV, launched in September 2024 to compete with Tesla Model Y.
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