NIO’s (NIO) Firefly EV Expands Into RHD Markets to Avoid Tariffs

Core Insights - NIO Inc. is focusing on global expansion into right-hand drive (RHD) markets to avoid tariffs on Chinese EVs, targeting countries like New Zealand, Australia, Britain, Thailand, and Singapore [1][2] - The company has begun mass production of the Firefly's RHD variant, with the first shipment sent to Singapore, positioning Firefly as a premium brand to maintain competitive margins [2] - NIO's deliveries reached a new peak in October 2025, with a 92.6% year-over-year increase, totaling 40,397 vehicles delivered, marking three consecutive months of record deliveries [3] Company Overview - NIO Inc. is a leading Chinese smart electric vehicle manufacturer, involved in designing, developing, and selling premium EVs, while also building an ecosystem around battery-swapping technology, autonomous driving, and smart connectivity [4]