Core Viewpoint - Nio Inc. is actively launching new models and expanding into European markets despite facing softer demand conditions in the global auto market. Group 1: Product Updates - Nio plans to unveil limited-edition versions of its ET5 sedan and ET5 Touring wagon on December 16, aiming to stimulate consumer interest during a challenging sales period [2][3]. - The limited editions will feature an exclusive purple exterior package, but no performance upgrades or pricing changes have been disclosed [3]. - The standard ET5 and ET5 Touring models were refreshed earlier this year, maintaining a starting price of 298,000 Chinese yuan ($42,221.30) [4]. Group 2: European Expansion - Nio has commenced deliveries of its Firefly electric vehicle in several European countries, including the Netherlands, Norway, Belgium, Denmark, and Greece [5]. - The company has also opened reservations and test-drive programs in Portugal and Austria [5]. - The Firefly EV is competitively priced at approximately 29,900 euros ($35,053.71) and 279,900 kroner in Norway [6]. Group 3: Technical Specifications - The Firefly is equipped with a 42.1 kWh lithium iron phosphate battery, providing over 205 miles of range under WLTP testing standards [7]. - The model is positioned as an accessible option for urban drivers, focusing on range reliability and lower ownership costs [7].
Nio's ET5 Gets Fresh Purple Makeover In New Limited Editions - NIO (NYSE:NIO)