Chery Shatters Steel Records as NIO Onvo L90 Hits Roads

In a whirlwind week for Chinese EVs, Chery and HBIS Group unveiled a groundbreaking 2400 MPa hot-formed steel—surpassing Xiaomi's 2200 MPa world record—while NIO's Onvo brand kicked off deliveries of its limited-edition L90 Black Knight SUV at just $31,060 under a battery rental plan. These developments, announced around the Guangzhou Auto Show 2025, underscore China's relentless push in EV materials and affordable luxury crossovers. Meanwhile, global eyes turn to Mercedes-Benz's upcoming S-Class evolutions, hinting at intensifying Sino-German rivalry in premium segments.

Chery's 2400 MPa Steel: A Safety Game-Changer

Chery, in collaboration with HBIS Group, has achieved a monumental leap in automotive materials science with the world's strongest hot-formed steel at 2400 MPa. This ultra-high-strength plate eclipses the previous record set by Xiaomi's YU7 at 2200 MPa, targeting critical safety structures like A/B pillars, door anti-collision beams, door rings, and floor crossbeams.

Traditional hot-formed steels top out at 1300-1800 MPa, but balancing extreme strength with toughness, stability, and formability has been elusive—until now. Chery's innovation delivers:

• Superior strength-to-toughness ratio for unmatched crash protection.
• Excellent formability and processing stability for mass production.
• Rigorous validation: Real-part stamping, vehicle installs, and multi-round tests confirm readiness, starting with door beams and expanding to longitudinal beams.

This breakthrough positions Chinese EV makers like Chery at the forefront of lightweight, ultra-safe vehicle design, potentially slashing weights while boosting occupant protection.

NIO Onvo L90 Black Knight: Limited Luxury at Mass-Market Price

NIO's Onvo sub-brand wasted no time post-Guangzhou Auto Show 2025, launching deliveries of the Onvo L90 Black Knight Edition on December 7. Priced at 220,800 yuan ($31,060 USD) via Battery-as-a-Service (BaaS)—with an 899 yuan (~$130) monthly rental—this full-size EV SUV undercuts rivals while offering premium specs. Only 999 units are available, blending exclusivity with accessibility.

Key highlights include:

• Powertrain: 440 kW (590 hp) quad-motor AWD, 85 kWh battery for 570 km CLTC range.
• Dimensions: 5145 x 1998 x 1786 mm; 3,110 mm wheelbase; 0.25 Cd drag coefficient.
• Luxury Features: 6-seat (2+2+2) brown interior, zero-gravity captain chairs, power side steps, 8.86L refrigerator, 17.3-inch rear screen, 23 speakers, 240L frunk + 430L trunk.
• Design: Stealthy black exterior with 21-inch blackened rims and emblems.

The BaaS model (full price 306,800 yuan/$43,160 with battery) makes high-end EVs viable for more buyers, accelerating adoption in China's cutthroat market.

Global Implications: China's EV Edge Sharpens

These announcements spotlight China's dominance in EV innovation. Chery's steel tech could ripple worldwide, enabling lighter, safer vehicles amid global electrification pushes. NIO's Onvo L90 challenges Tesla Model Y and premium crossovers with sub-$32K pricing and family-focused luxury, pressuring legacy brands. Even Mercedes-Benz's teased 2026 S-Class refresh—with sci-fi grilles, tri-star LED lights, and Level 3+ autonomy—feels the heat from agile Chinese upstarts redefining luxury via tech and affordability.

Why This Matters for the EV Market

China's EV ecosystem thrives on rapid iteration: Chery's materials breakthrough enhances structural integrity for autonomous-era crashes, while Onvo's BaaS democratizes premium EVs. In a market where Chinese brands command 60%+ share, expect exports to surge—Onvo eyes Europe, Chery bolsters globals like Exeed. Against Mercedes' 2029 Vision Iconic-inspired S-Class, Chinese firms blend heritage with hyper-innovation, forcing incumbents to accelerate.

Looking ahead, 2026 brings Mercedes' S-Class milestone (140 years post-Benz patent) and Chery steel in production models. NIO's 999-unit run signals scalable limited editions. China's EV surge isn't hype—it's reshaping global mobility.