CRASH_news auto

Nio Inc's premium compact EV brand is preparing to expand beyond its first model with Halo, a design-focused lineup that gives Nio a broader presence in China’s urban EV market. The launch comes as the brand builds momentum from strong delivery growth, accessible pricing and a strategy aimed at younger city drivers. Nio Inc's premium compact EV brand Firefly is preparing to broaden its product strategy with the launch of Halo, a new design-led series aimed at strengthening its position in China's urban electric-car market.  The company unveiled the Halo series on Friday and said the first model in the lineup will make its official debut on July 20.  Firefly released several teaser images showing the vehicle's exterior finish, softly illuminated logo and wheel details , presenting Halo as a styling-focused extension of the brand's compact EV offering.  A launch event is scheduled for 7:00 pm Beijing Time on July 20 at the Shanghai Botanical Garden, where Firefly ...

William Li, founder, chairman and CEO of NIO Inc, returned to his alma mater Peking University on Thursday, speaking as an alumni representative at the commencement ceremony for the class of 2026. Li graduated from Peking University's sociology department in 1996 , making this year the 30th anniversary of his graduation.  In his speech, Li said he had encountered six major low points since graduation and chose to share three of them with students, framing each as a lesson in entrepreneurial judgment.  The first lesson: survive the first failure  The first setback came almost immediately after graduation. In April 1996, months before receiving his degree, Li and two classmates founded Nanji Technology , one of China’s early internet virtual-hosting service providers.  When his co-founders later left for further studies overseas, Li was left to keep the company running on his own. He recalled sleeping on a conference table after late-night showers and clearing away...