On November 1st, it was reported that NIO is laying out hybrid powertrain, and its third brand Firefly project will adopt extended range hybrid power. The product is expected to be launched in 2026.
Regarding this, Qin Lihong, co-founder and president of NIO, stated in an interview with the Daily Economic News that NIO's third brand, FIREFLY Firefly, will be released on NIO Day 2024 and will continue to use pure electric technology.