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Nio might not have the widespread recognition of Tesla or fellow Chinese language EV maker BYD, nevertheless it has launched two new EV manufacturers throughout the previous 12 months to drive gross sales by providing lower-priced EVs in comparison with its premium fashions.
The second of those manufacturers, the youth-oriented Firefly, was formally launched on Dec. 21 throughout the Nio Day 2024 gathering held in Guangzhou, China.
It follows the launch of the family-oriented Onvo model in Could, whose debut mannequin is the Tesla Mannequin Y-rivaling L60 compact crossover.
Firefly has been launched with a subcompact hatch that doesn’t but have a reputation however is scheduled to start out gross sales in China in spring 2025, priced from 148,800 yuan (roughly $20,400). Gross sales are slated to start out in Europe later in 2025. Given the tariffs the U.S. has positioned on Chinese language-made EVs, a launch on this market is unlikely, which can also be the case for Nio’s different EVs.
Nio launches Firefly EV model throughout Nio Day 2024
Regardless of being Nio’s entry-level model, the Firefly EV encompasses a concentrate on security, in addition to dynamics and expertise. Nio is saving a lot of the particulars till nearer to the market launch however confirmed options like a decent 15.4-foot turning circle and automated parking expertise.
The automaker additionally mentioned it expects the EV to realize five-star crash security scores in China and Europe. The car’s physique options a lot greater torsional stiffness and high-strength steels than sometimes present in automobiles on this section. The entrance doorways additionally characteristic double anti-collision beams for higher aspect influence safety, Nio mentioned.
Nio was based in late 2014 and, as of Nov. 30, 2024, has delivered a cumulative complete of 640,426 automobiles.
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