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China’s Nio to launch Firefly EV in Europe in 2025

12/21/2024

Less than a minute

2024.12.21 20:45

BEIJING (Reuters) – Chinese electric vehicle (EV) marker Nio (NYSE:) on Sunday announced plans to launch its Firefly cars in Europe in the first half of 2025.

© Reuters. FILE PHOTO: The logo of NIO is pictured on the NIO House, the showroom of the Chinese premium smart electric vehicle manufacture NIO Inc. in Berlin, Germany August 17, 2023. REUTERS/Annegret Hilse/File Photo

William Li, CEO of Nio, said the company will work with local partners on the sale and service of Firefly in European markets.

Li also said Nio will accelerate building battery swapping stations in Europe, with costs of those designed for Firefly EVs reduced by a third compared to stations for Nio-branded cars.

12/21/2024

Less than a minute

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