NIO's Onvo L80 claims largest cargo space record, priced from $23,400 with BaaS

Nio (NYSE: NIO) sub-brand Onvo unveiled the L80 five-seat electric SUV on April 28, 2026, at Auto China in Beijing, opening pre-sales from 245,800 CNY (c. $35,900) with the battery included, or 159,800 CNY (c. $23,400) on a battery lease arrangement, with first deliveries scheduled for May 15.

The battery-inclusive price positions the L80 17,700 CNY (c. $2,600) below Tesla's (NASDAQ: TSLA) Model Y, which opens at 263,500 CNY (c. $38,500) in China. The battery lease option widens that gap significantly, making the L80 the lower-priced entry in a segment Model Y has led for several years.

The L80 is a two-row, five-seat reduction of the Onvo L90, which launched in 2025 as a three-row family SUV. Both vehicles share Nio's NT 3.0 platform and 900-volt high-voltage architecture.

Onvo L80 5-seat layout (Onvo)

At 5,145 mm long, 1,998 mm wide, and 1,786 mm tall with a 3,110 mm wheelbase, the L80 is classified as a large SUV despite its five-seat configuration, and carries a curb weight of 2,250 kg in entry trim.

Onvo L80 frunk (Onvo)

The two-row layout frees up substantial cargo space across three zones. A 240-liter powered frunk opens to an 830 mm wide, 600 mm high aperture with six powered opening modes.

The rear boot delivers 1,200 liters in standard configuration, expanding to 2,600 liters with the rear seats folded flat — a 2,200 mm maximum load length that Onvo says is enough to fit a 2-metre bed.

Onvo L80 cargo space (Onvo)

A further 169 liters of under-floor sunken storage splits into 106 liters on the outer side and 63 liters on the inner. Combining frunk and maximum boot volume gives a total of 2,840 liters — which Onvo claims is the largest of any five-seat SUV on sale in China.

The L80 is available in rear-wheel-drive and all-wheel-drive configurations. The rear-wheel-drive variant is driven by a single 340 kW motor, reaching 100 km/h (62 mph) from rest in 5.7 seconds. The all-wheel-drive version adds a 100 kW front motor for a combined 440 kW, cutting the sprint to 4.5 seconds.

Onvo cites five scene-based driving modes, a 200 mm deep snow, mud, and sand escape capability, and a 600 mm wading depth. Official CLTC range figures for the L80 have not yet been published.

Onvo L80 screens (Onvo)

The cabin is built around four screens. A 17.2-inch 3K centre display sits at the front alongside a 35-inch AR head-up display rated at 15,000 nits peak brightness. Rear passengers get a 17.3-inch 3K overhead entertainment screen and an 8-inch scene control panel.

Audio is handled by a 23-speaker system producing 2,048 watts across a 7.1.4-channel Dolby Atmos layout with 24 independent channels.

The L80's assisted driving hardware centres on Nio's Shenji NX9031 chip — described as the world's first 5 nm automotive-grade AI chip — paired with a LiDAR unit and 30 sensors in total, including seven 8-megapixel cameras, four 3-megapixel surround cameras, and a 4D imaging millimetre-wave radar.

Onvo L80 LiDAR version (Onvo)

A pure-vision version using an Nvidia Orin X chip is available at a lower price. Both versions run Nio's second-generation World Model autonomous driving software.

On safety, the L80 carries a steel-aluminium mixed body with a torsional stiffness of 38,150 Nm/deg, an aluminium and high-strength steel content above 84 percent, and 27.4 kg of 2,000 MPa submarine-grade ultra-high-strength steel.

Nine airbags are fitted as standard across all variants, including a 137-litre passenger-side airbag and a 56-litre side curtain spanning 2,920 mm. Like the L90, the L80 supports Nio's battery swap network.

Onvo L80 airbags (Onvo)

Whether the combination of large-SUV dimensions, a four-screen cabin, and a sub-Model Y starting price generates the volume Onvo needs to justify the platform investment will come into focus from May 15 — when the first customer cars leave the factory.

Conversion rate: 1 USD = 6.84 CNY as of April 28, 2026