NIO Introduces Compact & Affordable Firefly Alongside New ET9 Sedan [Yahoo! Finance]
NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO)
Last nio inc. american depositary shares, each representing one class a ordinary share earnings: 3/18 07:30 am
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Source: Yahoo! Finance
with the presale launch of the Firefly flagship model, which shares the same name. This premium boutique small car debuts in China at RMB 148,800, which is equivalent to the discounted price of the electric Mini Cooper. Firefly competes with BMW's MINI and Mercedes-Benz's Smart. 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 potential battery-as-a-service (BaaS) rental option upon official release. Since its first announcement, Firefly was envisioned as an affordable global EV line, including its expansion to Europe. Sales in China are set to start in April 2025, followed by a European launch in the first half of the same year, with local partners handling distribution. NIO also introduced the new ET9 sedan, which has already generated significant interest. Priced at RMB 788,000 for the standard trim with a battery, the ET9 undercuts its pr
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NIO
News
- NIO Inc. Provides December, Fourth Quarter and Full Year 2024 Delivery UpdateGlobeNewswire
- Nio's Mass Market Push Draws Scorn as EV Maker Promises a Profit [Yahoo! Finance]Yahoo! Finance
- NIO Inc. Announces Repurchase Right Notification for 0.50% Convertible Senior Notes due 2027GlobeNewswire
- CATL Unveils Chassis It Says Can Withstand Fires From Crashes [Yahoo! Finance Canada]Yahoo! Finance Canada
- CATL Unveils Chassis It Says Can Withstand Fires From Crashes [Yahoo! Finance]Yahoo! Finance
NIO
Earnings
- 11/20/24 - Beat
NIO
Sec Filings
- 1/2/25 - Form 6-K
- 12/27/24 - Form SC
- 12/23/24 - Form 6-K
- NIO's page on the SEC website