Deutsche Bank raised its sales forecast for Nio Inc in 2025, using the same 450,000 full-year 2025 sales assumption as the company's guidance.
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Category: NIO Firefly
Firefly is positioned in the boutique compact car market and leverages existing sales channels to drive growth, Nio said in a statement.
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Nio plans to launch its first hybrid model in 2026 and will sell it only to overseas markets such as the Middle East, North Africa and Europe, Reuters reported today.
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Nio president said the Firefly brand will be launched on Nio Day 2024, continuing the pure electric technology route.
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Nio Firefly will use extended-range hybrid powertrain and the product is expected to be launched in 2026, according to local media.
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Nio Firefly will use extended-range hybrid powertrain and the product is expected to be launched in 2026, according to local media.
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Nio will launch its third brand, codenamed Firefly, on December 21 at Nio Day 2024, and the sub-brand's models will be displayed and sold in Nio's showrooms.
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Local automotive media outlet Auto Home today shared several spy shots of the first model of Nio Firefly, exposing the interior of the model for the first time.
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Nio Firefly's first model is expected to be ready by the end of this year, with the smart driving system to be based on a vendor-supplied solution, according to local media.
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The Firefly brand won't be able to use Nio's existing battery swap stations, it will have dedicated smaller stations, William Li said.
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