Firefly, the third brand of NIO-SW (09866.HK) +0.350 (+1.195%) Short selling $251.47M; Ratio 60.253% , announced that its first electric vehicle (EV), which targets the high-end small-sized car market at the RMB150,000 level, will go on sale on April 19 and will be delivered immediately.Daniel Jin, president of Firefly, said that the first batch of demonstration battery swap stations will be established in core cities this year, and they will subsequently integrate with NIO's fifth-generation battery swap stations using the existing battery specifications and swap standards.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-02 16:25.)Related NewsMacquarie Rates NIO-SW as Neutral w/ Concerns Over Further Financing Needs