Last month, Nio also introduced another brand Firefly, which will compete in the high-end compact car market, taking on the likes of BMW’s Mini and the Mercedes Smart series of vehicles in China.
“Firefly is very competitive because it is a product developed with real smart EV technologies, which Nio has been investing in the last decade. We are confident in its product competitiveness ...
Nio (NYSE: NIO) has always been an intriguing stock. It's a large player in the Chinese electric vehicle (EV) market, but ...
Once regarded as one of China’s brightest EV stars, Nio has failed to generate a profit and has had several near-death experiences during its first decade of existence.
Now that the incoming administration is threatening to pull back support for the EV industry, some of that is warranted.
But that’s what many netizens in China have been driven to comment on following the launch of Nio Inc.’s newest sub-brand, Firefly. The electric hatchback was unveiled last weekend at Nio’s ...
The big question is how quickly can both Onvo and Firefly ramp? Onvo was supposed to get to 20,000 units a month by March, so we'll see if that plan is still on track. At the same time ...
The company also introduced its new smart electric executive flagship, the ET9, during NIO Day 2024, which will begin deliveries in March 2025, alongside the launch of a new brand called Firefly ...
The increase in R&D we saw recently should help NIO develop new vehicles, including the ET9 executive flagship sedan, slated for March 2025, and the Firefly sub-brand for the compact market.
Chinese stocks are back in focus, with President Donald Trump threatening a 10% tariff on Chinese imports effective February 1. Trump accused ...
NIO’s Firefly app exceeds 100,000 registrations within 72 hours, attracting users beyond the existing NIO customer base. NIO Inc. NIO on Thursday announced that holders of its 0.50% Convertible ...
Recently launched in Guangzhou, Firefly is a new sub-brand of the EV start-up Nio which is focused on producing entry-level family cars. Their first model, which is yet to be named, is a five-door ...