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NIO’s (NIO) Firefly EV Expands Into RHD Markets to Avoid Tariffs
Yahoo Finance· 2025-11-26 19:50
NIO Inc. (NYSE:NIO) is one of the Chinese tech stocks to buy now. On November 18, Firefly EV, a subsidiary of NIO Inc. (NYSE:NIO), said it is focusing its global expansion on right-hand drive (RHD) markets. It stated that the main objective of the shift is to avoid tariffs that apply to Chinese EVs in other regions like the European Union. The target markets for this expansion include New Zealand, Australia, Britain, Thailand, and Singapore. NIO's (NIO) Firefly EV Expands Into RHD Markets to Avoid Tariffs ...