Nio

This week, prominent Chinese EV automaker NIO and CATL, the world’s leading battery manufacturer, announced a new strategic partnership to combine and standardize their respective industries technologies and implement the “largest and most advanced battery swap network for passenger vehicles.”

The details of Chinese EV automaker NIO’s ultra-affordable sub-brand, Firefly, continue to trickle in from overseas. A spy image of the interior of the first Firefly model is spreading like wildfire across Chinese social media, sharing our first look at its front seat.

NIO’s (NYSE: NIO) new electric SUV already looks like a hit. In just 100 days since launching, NIO Onvo L60 deliveries reached over 20,000 as the EV maker taps into the mass market.

It’s only been five days since NIO officially launched its top-tier luxury sedan, the ET9, but the early buzz in China has been encouraging. The BEV will launch in 2025, beginning with a Limited Edition trim that sold out in the first 12 hours, so NIO has introduced another limited production run called the ET9 Signature Edition.

As promised, we are back with a full recap of the debuts during NIO Day 2024, which took place over the weekend. As anticipated, NIO officially launched its new Firefly sub-brand, unveiling its flagship BEV model that looks to take on super compacts like MINI and Smart. Additionally, NIO launched its ultra-luxe ET9 sedan, whose initial trim has already sold out in China.

NIO’s new Onvo EV brand is finally scheduled to arrive in its first European market in early 2025. The new lower-priced EV brand is expected to play a significant role as NIO looks for a bigger share of the global auto market.

We are just days away from Chinese EV automaker NIO’s annual NIO Day event, which has already promised some big reveals, including the long-teased ET9 and the first model under its new FireFly sub-brand. As an appetizer, NIO has shared the first un-camouflaged images of the ET9 and its official FireFly logo.

We are less than a month away from the official public launch of NIO’s new ultra-affordable EV sub-brand, Firefly, but before that happens, we’ve got our best look at the marque’s first model to date. Recent spy images in China captured a camouflaged look at the side profile of the new Firefly EV, which appears quite compact. See more below.

A rumor spreading like wildfire on social media claims BYD will be taking over NIO (NYSE: NIO) as the EV giant gobbles up market share in China. The rumor was posted by a suspected BYD employee, but NIO is denying the claim.

NIO executives shared details of the Chinese automaker’s third EV brand, Firefly, as well as what the new marque will call its first model. The news comes about one month before Firefly officially launches in China during its parent company’s 10th annual NIO Day event.

NIO (NYSE: NIO) plans to expand into 25 overseas markets by the end of next year. With its new lower-cost Onvo brand already driving demand, NIO expects to play a much bigger role in the global EV market. Will we see NIO’s electric vehicles launch in the US? Europe?

With its new electric SUV rolling out, NIO’s (NIO) sales topped the 20,000 mark again in Oct, its sixth straight month hitting the milestone.

China’s NIO (NYSE: NIO) has a new secret weapon it’s about to unleash. After launching the first model of its new affordable EV brand Onvo, NIO says the upcoming electric SUV will be “much more competitive.”

Chinese EV automaker NIO has been teasing its third marque, codenamed “Firefly,” for quite some time now. Recently, executives at NIO have confirmed when it will officially launch the new ultra-affordable sub-brand and pull the sheet of its flagship model – NIO Day 2024.

China’s NIO (NYSE: NIO) delivered over 20,000 vehicles in September, its fifth straight month crossing the mark. In just three days, NIO sold 832 Onvo L60 electric SUVs, the first of its new low-cost EV brand.

China’s NIO (NIO) just received a $470 million cash investment as it prepares for its next growth stage. With the new funding and the launch of its low-cost Onvo brand, NIO is laying the groundwork to accelerate sales.

NIO’s (NIO) new Onvo L60, starting at just $21,200, paves the way for a “brand revival,” according to Deutsche Bank analyst Wang Bin’s team. The new low-cost electric SUV is crucial as NIO takes aim at market leaders like Tesla and BYD.

On Thursday, NIO officially launched its new Tesla Model Y rival, the Onvo L60. Starting at just $21,200 (149,900 yuan), NIO’s new electric SUV hits the market with cheaper prices than expected.

China’s NIO (NIO) is considering buying Volkswagen’s Audi plant in Brussels. Volkswagen’s plant is at risk of being shut down, and NIO wants to take advantage as the market shifts to EVs.

Three months after opening up sales of its ES8 SUV in Europe, NIO has begun customer deliveries. The refreshed all-electric SUV, renamed the EL8 for the European market, is the sixth NIO model to enter Europe, and the Chinese automaker is showing no signs of slowing down, even as the EU Commission imposed tariffs on imports.

NIO has shared its unaudited Q2 financial results for 2024, which detailed record-high EV deliveries that helped the automaker snag an even larger portion of the overall market in China. NIO also surpassed the expectations of financial gurus on Wall Street with its quarterly earnings.