Chinese automaker Nio targets BMW Mini with Firefly model
GUANGZHOU: Chinese electric vehicle (EV) giant Nio unveiled its budget-friendly brand, Firefly, on Saturday, aiming to rival BMW’s Mini and Mercedes’ Smart. The announcement was made during Nio’s annual event in Guangzhou, with CEO William Li revealing that pre-sales for Firefly have commenced, starting at 148,800 yuan ($20,394). Li showcased three Firefly models in lavender, … Read more
