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NIO-SW to Launch 3rd Brand 'Firefly' on 21 Dec to Enter Low Price Mkt: Report
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NIO-SW (09866.HK) (NIO.US) will hold its NIO Day for 2024 on 21 December to unveil its third brand, Firefly, which will be positioned as a premium compact car priced between RMB100,000 and RMB200,000, aiming to enter the low-price mass market, according to Chinese media.

It is reported that the first Firefly product will be delivered in 1H25.

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