Overview

• Nio's Firefly, its most affordable EV, will launch in China on April 29, starting at 119,800 yuan ($16,400) with only battery-included models available initially.
• The battery rental option, part of Nio's Battery-as-a-Service (BaaS) program, is set to debut in August to encourage use of its extensive battery-swapping network.
• The European rollout of the Firefly has been delayed to Q3 2025 as Nio works to expand its regional sales and service infrastructure.
• Nio's fifth-generation battery swap stations, supporting all three of its brands (Nio, Onvo, and Firefly), will begin deployment in China in early 2026.
• The Firefly is equipped with a 42.1 kWh battery offering 420 km range and supports Nio's three-minute battery swap technology across 2,300 stations in China.