Nio Sub-brand
Nio to offer single-motor model in sub-brand codenamed Alps, report says
Alps is one of Nio's most important cards for next year, and the EV maker is equipping it with a more flexible business strategy, as well as pouring almost all of its cutting-edge
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Nio reportedly makes major progress on Firefly as sub-brand project continues to move forward
The first Firefly model has seen a design freeze in late June and is expected to enter the mold development phase in early August, allaying employee fears that the project could be
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NIO applies for trademarks related to Firefly in China
The Firefly is NIO's smaller model project that is expected to debut in Europe in the third quarter of 2024, company executives previously said.
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NIO plans to launch EV priced below 30,000 euros in Europe, report says
NIO aims to grab market share from Volkswagen by introducing a model priced below 30,000 euros to the European market, a German magazine quoted William Li as saying.
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NIO's ALPS sub-brand will have its own sales channel and half as many models as NIO brand, report says
According to NIO's internal expectations, ALPS will have half the number of models than the main brand NIO, but will aim to achieve 50,000 units per month in sales, local media sai
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NIO's Firefly project will have its own plant, but city not yet determined, report says
Compared to the NIO brand and the ALPS project, Firefly models will have weaker smart driving features, but will still have a significant intelligence advantage over European carma
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NIO working on plants for 2 sub-brands, F4 plant won't be in Hefei, source says
NIO's F4 plant for its sub-brand codenamed Firefly will be located in Chuzhou, Anhui province, while the F3 plant for the ALPS project will remain in Hefei, a source said.
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NIO president reveals further details on sub-brand models, NIO phone and more
Deliveries of vehicles under NIO's sub-brand codenamed ALPS are expected to begin in 2024, and deliveries of the company's first phone model are expected to begin in the third quar
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Both of NIO's sub-brands will first launch hatchbacks to target mainly European market, report says
The two models, similar to the Volkswagen Golf and Nissan Leaf, will primarily target the European market, with production expected to begin in 2024, according to local media.
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Horizon Robotics CEO says NIO's new brand will use its chips
Horizon Robotics entered into a partnership with NIO last week that will see one of the latter's new brand's models use its products, the chipmaker's CEO Yu Kai said.
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