Once regarded as one of China’s brightest EV stars, Nio has failed to generate a profit and has had several near-death ...
Chinese automaker reveals new Firefly brand of premium electric compact cars, set to launch in China and Europe in the first half of 2025, with a starting price just north of the $20,000 mark.
The Chinese EV maker’s annual sales would need to reach 100,000 to make European output “a reasonable business decision,” CEO ...
NIO delivered a record 31,138 EVs in December 2024, ending the year strong with 221,970 total deliveries. What can fuel a ...
Although Nio has confirmed that Firefly will come to Europe – to be sold alongside Nio models already on sale on the continent – there are currently no plans for any Nio models to be sold in ...
William Li, founder, chairman, and CEO of Nio, also announced that the first model under the Firefly brand will be launched in Europe in the first half of 2025. The company intends to depend on ...
Nio is yet to officially launch in the UK, though rumours are circulating regarding a possible arrival in 2025. That could reasonably coincide with the reveal of the Firefly brand in Europe ...
This could allow Nio to expand as the market matures. Moreover, Firefly could also help Nio better compete in Europe, where compact cars dominate the automotive market. Nio’s valuation is very ...
The Firefly is priced from ¥148,800 ($20,400) in China and will also roll out in Europe. Nio has finally launched the much-anticipated Firefly brand in China, which will be targeting the most ...
China's Nio on Sunday said it would launch its new Firefly electric vehicle brand in Europe early in the first half of 2025, betting that it would help the company overcome European Union tariffs.
Like other NIO models, the Firefly supports battery swaps ... including its expansion to Europe. Sales in China are set to start in April 2025, followed by a European launch in the first half ...