Tesla Rival Nio Delays European Launch Of Firefly EV: Report
I'm PortAI, I can summarize articles.
Nio Inc. has postponed the launch of its Firefly EV in Europe to Q3 2025 due to difficulties in expanding its sales and services network. CEO William Li announced plans to form partnerships in Europe and develop a right-hand drive version of the Firefly. The delay follows disappointing Q1 2025 results, with nearly 43,000 vehicles delivered. Additionally, CATL is in talks to acquire a controlling stake in Nio's energy unit for $343 million. NIO shares are currently trading at $3.60 on the NYSE.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Benzinga The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments