...Source: [ Ссылка ] Transcript: According to China EV Post, Nio held its 2024 year-end media event in Shanghai, where CEO William Li addressed over 200 questions. Key announcements included the launch of the ET9 sedan and the Firefly sub-brand at Nio Day on December 21 in Guangzhou. The Firefly brand, positioned as a premium small car, will debut in Europe in 2025 and later in China, with pricing comparable to Mini vehicles.

Nio aims to double sales in 2025 to 440,000 units. The Onvo sub-brand is projected to deliver 20,000 vehicles monthly by March 2025, while Firefly sales are expected in the thousands per month. In November, Nio delivered 180,599 vehicles year-to-date, a 27% increase from last year.

Nio confirmed no plans to launch hybrid models in China but is considering them for overseas markets. Li also predicted China’s New Energy Vehicle penetration could reach 90% by 2027, earlier than previously expected.

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