Firefly is positioned in the boutique compact car market and leverages existing sales channels to drive growth, Nio said in a statement.
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Category: Nio
Nio Q3 earnings call: Live updates
This article is a live update of the main takeaways from Nio's third-quarter 2024 earnings call.
For details, please visit CnEVPost.
Nio sees flat net loss, improved gross margin in Q3
Nio's net loss was essentially flat in the third quarter compared to the second quarter, and gross margins improved to 10.7 percent.
For details, please visit CnEVPost.
China EV insurance registrations for week ending Nov 17: Nio 3,800, Tesla 17,100, Xiaomi 5,700, BYD 94,700
Li Auto had 12,300 insurance registrations last week, Xpeng 6,300, Zeekr 6,000, Leapmotor 8,500 and Aito 7,200.
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Nio still hopes to expand global presence to up to 25 countries and regions by 2025
Nio hopes to enter more than 90 percent of overseas markets in the next five to ten years.
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Former Nio EV venture Hycan in death throes with few remaining employees and increasing debts
Former GAC Nio joint venture Hycan looks like it is in its final days with few employees left and mounting legal cases over money.
The post Former Nio EV venture Hycan in death throes with few remaining employees and increasing debts appeared first on CarNewsChina.com.
Nio’s Onvo product VP: “Next year, we will have a large 6- or 7-seat SUV”
The Nio’s Onvo VP of products Eric Yu confirmed that the brand’s second model will be the large SUV with six or seven seats inside.
The post Nio’s Onvo product VP: “Next year, we will have a large 6- or 7-seat SUV” appeared first on CarNewsChina.com.
Nio Onvo aims to have up to 1,000 stores by end of 2025, report says
Onvo aims to have at least 500 stores by March next year and 800-1,000 by the end of 2025, according to local media.
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Nio enters Azerbaijan market with unprecedented distributor deal
Nio appointed Green Car as its national distributor in Azerbaijan and will start delivering vehicles in the country in the second quarter of 2025.
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Avatr plugs into Nio’s charging network
Avatr, previously known as Changan Nio, plugged into Nio's charging network, becoming the 14th brand to do so.
For details, please visit CnEVPost.
