Nio to Enter Hong Kong Market in Q4 with Light-Asset Distributor Model

Nio to Enter Hong Kong Market in Q4 with Light-Asset Distributor Model

Nio is set to enter Hong Kong in the fourth quarter of 2025, marking the latest step in the Chinese electric vehicle (EV) maker’s shift to a light-asset operational model in international markets, according to local media reports citing a company insider. The move mirrors Nio’s strategy in other regions, where it collaborates with local [...] The post Nio to Enter Hong Kong Market in Q4 with Light-Asset Distributor Model appeared first on EVMagz.

Nio to Relaunch in Denmark with Onvo and Firefly Sub-Brands by Late 2026

Chinese electric vehicle maker Nio plans to introduce its family-focused Onvo sub-brand to Denmark by late 2026, but will market the cars under the main Nio name, according to Danish … The post Nio to Relaunch in Denmark with Onvo and Firefly Sub-Brands by Late 2026 appeared first on Scandasia.

Nio Firefly’s battery subscription slashes the EV price by $5,500

Nio has launched a compelling new offer for its Firefly EV, a compact electric car from its new, youth-focused brand. In a bid to lower the entry price for electric cars, the company introduced a "Battery-as-a-Service" (BaaS) plan. This subscription model separates the cost of the car from its most expensive component - the battery - making the initial purchase price much more palatable for consumers. The new pricing strategy is aggressive. By o…