Nio Plans Overseas Launch of First Hybrid Model in 2026
The Chinese automaker aims to introduce its hybrid vehicle to international markets, tackling infrastructure challenges abroad.
Overview
- Nio's hybrid model will target markets such as the Middle East, North Africa, and Europe, addressing slow EV infrastructure development.
- The hybrid vehicle, part of the Firefly brand, is set for a 2026 launch with deliveries beginning in 2027.
- This move marks Nio's first venture into non-electric vehicles, prompted by suggestions from major investor CYVN Holdings.
- Nio will continue focusing on pure electric vehicles within China, maintaining its battery swap technology.
- European tariffs on Chinese EVs have influenced Nio's decision to export hybrid models, which are currently exempt from these duties.