The Firefly model, priced at 148,000 yuan (approximately US$20,284), will begin deliveries in April 2024. The compact car integrates advanced EV technologies, including Nio’s signature battery ...

Per William Li, founder of NIO, Firefly offers a compact size compared with a Smart car and is smarter than a MINI. Like other NIO models, the Firefly supports battery swaps, suggesting a ...

Nio has been expanding its brand portfolio to help it address larger segments of the market and cater to more niche needs.

CEO and founder William Li showed off Firefly’s first model, an affordable compact car that will compete against vehicles from Smart and Mini, at the company’s annual Nio Day event here on Dec ...

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.

NIO Inc. (NIO), one of China’s most aspiring electric vehicle (EV) manufacturers, seems to be finally finding its feet in the ...

Chinese electric vehicle (EV) maker Nio launched a new small car under its Firefly brand that seeks to compete with BMW’s Mini and Smart of Mercedes-Benz, an advancement in its drive into ...

BMW's pure electric Mini also sells from 148,800 yuan in China while Mercedes' Smart #1 car is priced from 154,900 yuan. Domestic brands Firefly will compete against include BYD’s Seal and Xpeng's ...

Nio ( NIO -2.31%), one of China's largest premium electric vehicle (EV) players by sales, was always an intriguing investment ...