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.

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.

Can you tell who?

Emergency services and several helicopters raced to the Astún snow park in the Aragón Valley.

“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 ...

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.

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 ...

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 ...

NIO delivered a record 31,138 EVs in December 2024, ending the year strong with 221,970 total deliveries. What can fuel a 2025 recovery?

This will effectively preserve NIO’s emerging economies of scale benefits with ONVO and Firefly from deviating materially amidst the industry price war, and keep its current trajectory to ...