Particle.news
Download on the App Store

Nio’s Firefly Starts Right-Hand-Drive Exports to Singapore, Targets UK and Thailand in 2026

The brand is steering expansion to tariff‑free right‑hand‑drive countries to protect margins.

Overview

  • Firefly rolled out its first batch of right‑hand‑drive models for export to Singapore, with production ramping for further shipments.
  • CEO Daniel Jin said market entries in Thailand and Britain are planned for 2026, and talks with local distributors are under way.
  • The company will concentrate on countries without punitive tariffs, naming Britain, Australia, New Zealand and Southeast Asia, with deliveries set to ramp up next year.
  • In Singapore, Firefly will be marketed as a boutique small car and priced above BYD’s Dolphin to avoid overseas price wars.
  • European Union tariffs raised Firefly’s European price to about €29,900 from a planned €25,000 and slowed expansion, as Nio reports a record 40,397 monthly sales and works toward break‑even after a $697.2 million Q2 loss.