Nio

The EV maker projects a recovery, but with a steep deficit and mounting competition, hitting its 50,000-unit monthly target is key.

Sportier aesthetics, reworked interiors, and AI-powered ride control define the updated midsize EVs, offered at the same starting price.

Regulators are shifting the focus from splashy claims to core safety features, rethinking what autonomy should mean.

Starting at RMB 119,800 (USD 16,800), Nio’s compact EV will launch in China before making its way to Europe and other markets.

Longtime executive Shen Fei will now lead Onvo as Nio moves to tighten control and revive lagging sales.

With battery advancements stalling, automakers are shifting their focus elsewhere to stay ahead.

Will the dual launch give Nio the momentum it needs to lead the EV market in 2025?

Firefly, Nio’s third automotive brand, is set to unveil its first model at Nio Day on December 21, with a China debut leading its rollout.