NIO's CEO stressed that ONVO is a medium-tier brand meant for families. Both are likely headed to Europe and beyond.
NIO, the unseen but well-heard Chinese luxury competitor that sits a little above Tesla, is moving into mainstream waters. NIO CEO William Li confirmed the name of its latest effort—
name late last year and officially confirmed it this week. Its first car, codenamed L60, will aim right at the Tesla Model Y and other competitors. In China, will venture outside of China and into Europe and beyond. Firefly is still going to have somewhat of a premium feel. Li says it will aim at Mini and other small premium EVs elsewhere. Get the InsideEvs Newsletter Sign Up Today Both Firefly and
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NIO's New ONVO And Firefly Brands Aim For Mass Volume In EuropeNIO's CEO stressed that ONVO is a medium-tier brand meant for families. Both are likely headed to Europe and beyond.
Read more »
Nio’s New Mass Market Onvo EV Brand Takes Aim At TeslaThe new brand, formerly known as Alps, will roll out a Tesla Model Y rival later this year
Read more »
Nio to launch Europe-focused affordable EV brand imminentlyPrototypes for new Alps brand have been built ahead of a 2024 launch - and so have right-hand-drive Nio cars
Read more »
Nio’s Budget EV Brand For Europe Firefly Spotted Testing First EVThe new Firefly brand will be positioned below the parent company Nio and the upcoming Tesla-rivaling Onvo stablemate
Read more »
Apple Could Be the First Target of Europe's Tough New Tech LawAn architect of the EU's tough new Digital Markets Acts says Apple would be a logical first candidate for investigation under the law, which aims to “break open” tech platforms.
Read more »
New Rivian R2 electric SUV is coming to EuropeCAR magazine UK reveals details of the new Rivian R2 electric SUV, with pictures and specs
Read more »