New sub-brand Nio is bringing the Firefly EV to Europe

From Andreas Wehner | Translated by AI 1 min Reading Time

Nio is expanding its portfolio downward. Following the Onvo sub-brand, the Chinese automaker has now presented the first model of the Firefly brand. What is known about the car so far.

With the Firefly EV, Nio aims to reach new target groups.(Image: Nio)
With the Firefly EV, Nio aims to reach new target groups.
(Image: Nio)

Last year, Onvo launched, and in 2025, Firefly, the second sub-brand of the Chinese e-car manufacturer Nio, will start. Initially, a compact electric vehicle will hit the market in China in the spring and likely in Europe from summer.

With an entry price of 148,800 Yuan (just under 20,000 euros, 20.602 USD), Nio positions the Firefly EV significantly below its previous models. The price for Europe is not yet set, but it is likely to be significantly higher. Nio introduced the Firefly EV shortly before Christmas. The model is intended to compete with cars like the new electric Mini or the Smart #1.

Technical details such as engine power, battery capacity, and range have not yet been disclosed by Nio. What is known: The Firefly EV is expected to offer autonomous parking functions, have a fairly small turning circle, a trunk volume of up to 1,250 liters with the rear seat folded down, and a 92-liter frunk for additional storage space.

In addition, the Firefly EV, like the Nio models, is equipped with a battery swapping system. However, since the batteries are significantly smaller, the Firefly EV cannot use Nio's power swap stations. Instead, a separate exchange network is to be established. It is unclear whether Nio will offer battery swapping for Firefly in Europe as well.

Unlike the core brand, Firefly is to be distributed through dealerships in Europe. According to an earlier report by "Manager Magazin," Nio is even looking for an importer for the brand.

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