The management of Onvo, a subsidiary of NIO-SW (09866.HK) -0.750 (-1.705%) Short selling $17.77M; Ratio 13.795% , will make a public appearance on Thursday (9th), and is expected to bring news including the person in charge, branding & meaning of the logo and the Onvo App, etc., a Chinese Weibo blogger said.
Previously, NIO-SW's co-founder Qin Lihong once said that Onvo is not positioned as a low-to-mid-end brand, but rather as a rival to Tesla (TSLA.US) , targeting the mainstream market.
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