China unveils EV to take on Porsche, Mercedes

Quick Summary:

SHANGHAI: Chinese electric car maker Nio Inc has started sales of its most expensive car as it seeks to double deliveries in 2025 and eventually become profitable.

Nio showcased the first Firefly model in Frankfurt with some local partners earlier this year.

Its only model in China, installed with nine airbags, will go up against BMW AG’s Mini or Mercedes’ Smart, with a pre-sale price starting from 148,800 yuan.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChina

Topics: /Business/Business News Auto Porsche Mercedes Nio EV

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 00:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 617 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24614427

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