Tag: Firefly
Firefly Likely to Come to UK in October
NIO is in a challenging place. It is supposed to be approaching profitability this year, but the Chinese EV market is so hyper-competitive that there’s price war after price war and there’s always another new competitor trying to eat your lunch. NIO’s sales continue to grow, but its finances are … [continued]
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NIO Sales Increase 13% in May
NIO sales continue to rise, with deliveries in May totaling 23,231 vehicles. That’s a 13.1% increase year over year. Through the first five months of the year, sales were up 34.7%, reaching 89,225 deliveries. From NIO’s first car onward, the company has logged 760,789 deliveries. Returning to May numbers, the … [continued]
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NIO Sales Up 53% in April
NIO had a solid month of sales growth again in April, growing 53% compared to April 2024. The company had 23,900 vehicles delivered to customers in the month. That was also a 59% increase over the month before, March 2025 — going from 15,093 sales to 23,900 sales. The sales … [continued]
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NIO Inc. Announces Proposed Offering of New Shares
SHANGHAI, China — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced that it proposes to offer up to 118,793,300 Class A ordinary shares of the Company (the “Placement Shares”) in offshore … [continued]
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NIO & CATL Form Strategic Partnership on Battery Swapping
Ningde, Fujian — NIO and Contemporary Amperex Technology Co., Ltd. (“CATL”) signed a strategic partnership in Ningde, Fujian. Together, they will advance the high-quality development of the new energy vehicle industry by building a battery swapping network for passenger vehicles across the full range of products, unifying industry technical standards, … [continued]
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