Gasgoo Daily: ONVO brand enters its first overseas market

Monika From Gasgoo

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

ONVO brand enters its first overseas market

Image source: ONVO

Who: NIO Inc., in partnership with Uzbekistan's local automotive group ABU SAHIY MOTORS.
What: Official entry into the Central Asian market and launch of its first national distributor dealership in Uzbekistan.
When: January 31 (local time).
Where: Tashkent, Uzbekistan, with the opening of NIO Space | Tashkent, ABU SAHIY MOTORS' first national authorized dealership for NIO.
How:
• NIO Inc. simultaneously introduced multiple smart electric vehicle models to the Uzbek market.
• Models under the NIO brand: ET9, EL8 (ES8 in China), EL6 (ES6 in China), ET5, and ET5 Touring (ET5T in China).
• Models under the ONVO brand: L90 and L60.
Key strategic focus:
• ONVO-branded models will serve as the primary sales focus in the Uzbek market.
Why it matters:
• The opening marks NIO's official entry into Central Asia, representing a significant step in its global expansion strategy.
Follow-up initiatives:
• ABU SAHIY MOTORS announced plans, with NIO's support, to accelerate the rollout of local service networks and charging infrastructure in Uzbekistan.
• Localized user services will be launched in parallel.

AEROFUGIA completes new financing round
Who: AEROFUGIA, a Chinese eVTOL (electric vertical takeoff and landing aircraft) company.
What: Completion of a new financing round totaling nearly 10 billion yuan.
When: Announcing on February 2.
Context:
• This is the largest single financing deal in China's low-altitude economy sector since the start of 2026.
• It is AEROFUGIA's second independent, market-oriented financing round completed within three months.
Why it matters:
• The rapid fundraising pace reflects investor confidence in AEROFUGIA's industry position and commercialization prospects.
How the funds will be used:
• Final airworthiness certification push for the AE200 series eVTOL.
• Commencement of production at the company's global headquarters base.
• Further development of low-altitude mobility commercial models.
Strategic implication:
• The financing marks AEROFUGIA's entry into a critical phase of technical validation and scaled delivery, aiming to move products from laboratory development to large-scale commercial deployment.

ZYT forms strategic partnerships with ECARX and SiEngine
Who:
• ZYT, an intelligent driving assistance technology company.
• ECARX, a mobility technology company.
• SiEngine, a high-performance automotive-grade chipmaker.
What: Signing of strategic cooperation agreements.
When: January 30, 2026.
Focus of cooperation:
• Joint development and mass-production application of centralized computing platforms for next-generation intelligent vehicle electronic and electrical architectures.
• Acceleration of large-scale deployment of advanced intelligent driving solutions.
ZYT–ECARX collaboration details:
• Integration of ZYT's intelligent driving systems and self-developed hardware platforms with ECARX's strengths in in-vehicle chip integration and its Flyme Auto smart cockpit system, co-developed with Meizu.
• Joint development of highly integrated, AI-driven cross-domain fusion products.
• Supply chain collaboration to deliver cost-competitive, mass-production central computing solutions to global automakers.
ZYT–SiEngine collaboration details:
• Focus on deep integration of chip computing power and system algorithms.
• Joint development of a high-safety, continuously upgradable integrated intelligent vehicle platform.
• Establishment of a robust computing foundation for centralized architectures, offering high-performance, high-reliability, and long-term scalable mass-production solutions.

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