💨 Abstract

The Chinese EV brand Nio is launching its affordable "Firefly" model in the UK this year, priced around £12,500. This sub-brand is focused on smaller, budget-friendly electric cars, with the Nio Firefly boasting a 260-mile range and a single 141bhp motor. Nio, known for its innovative EVs, plans to expand into 16 new global markets in 2025.

Courtesy: www.thesun.co.uk