Nio launched its new lower-priced EV brand Onvo in May. The brand started selling its first vehicle - the Onvo L60 - in late ...

NIO benefits from government subsidies, and aims for long-term profitability through brand positioning and efficiency gains.

The battery swapping stations for Firefly cars will cost a third ... work with local partners on the sale and service of the Firefly in European markets. Nio unveiled the Firefly brand on Saturday ...

The Independent's Electric Vehicles Channel is sponsored by ... Firefly will come to Europe – to be sold alongside Nio models already on sale on the continent – there are currently no plans ...

William Li, Nio's CEO, told reporters in Guangzhou that the company will work with local partners on the sale and service of ... swapping stations for Firefly cars will cost a third less than ...