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Nio’s EV Set for April 29 Launch in China with Battery-Swap Integration

The budget-friendly Firefly will debut with battery-included sales, future rental options, and plans for global expansion to Europe and the Middle East later this year.

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Nio's new EV Firefly.
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Overview

  • The Nio Firefly, starting at 119,800 yuan ($16,400), will begin deliveries in China on April 29 with battery-included models only.
  • A Battery-as-a-Service (BaaS) rental option for Firefly models is set to launch in August, reducing upfront costs for buyers.
  • Equipped with a 42.1 kWh LFP battery, the Firefly offers a 420-kilometer range and supports Nio’s swappable battery technology.
  • Nio’s fifth-generation battery swap stations, backed by CATL’s Choco-Swap standards, will support all three brands: Nio, Onvo, and Firefly.
  • Global expansion is planned for later this year, with market-specific versions tailored for Europe and the Middle East.