Firefly has officially launched in China its first EV model
Nio’s third brand has launched in China its first electric hatchback which shares the company’s name with a price range between 119,800 – 125,800 yuan ($16,770 – 17,600). Deliveries will begin on April 29. The Firefly will also enter Europe Firefly is the third brand under Nio . Its first vehicle, the Firefly EV hatchback , was launched in China on April 19. Firefly's first model, which shares the brand's name, started presales on Nio Day 2024 last December . The initial presales price of this model was 148,800 yuan ($20,830). On April 19, Firefly’s price was sliced by 19.5% as it officially started sales in China with a price range between 119,800 – 125,800 yuan ($16,770 – 17,600). Nio will kick off deliveries of its first urban hatchback on April 29 . Firefly, like other Nio’s models, supports battery swap , which means it can be purchased with a BaaS (battery as a service) battery rental option that allows for a lower barrier to purchase. Firefly didn't announce th...