NIO launches ET9 and Firefly brand

NIO released its smart electric executive flagship ET9 at NIO Day 2024, with a starting price of RMB 788,000. At the same time, NIO's third brand, Firefly, was officially released. Its first model is positioned as a pure electric small car, with a pre-sale price of RMB 148,800 in the Chinese market, and will be officially launched in April 2025.