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$NIO Inc (NIO.US)$ news: Expansion mode activated

➜ Firefly sets sail for Europe: A major batch of Firefly EVs has departed from Shanghai’s Waigaoqiao Terminal, marking a new phase of NIO’s European expansion. Deliveries are now underway in the Netherlands, Norway, Belgium, and Denmark.

➜ Market rollout accelerates: According to NIO’s head of global communications, sales have officially begun in Austria, with Greece expected to follow next week.

➜ Right-hand drive debut: The Firefly right-hand drive version has officially gone on sale in Macau, starting at HKD 169,000, the first-ever release of this configuration.

➜ ONVO abroad: The ONVO L60 has been spotted in Uzbekistan, signaling the sub-brand’s preparations for a new market entry beyond China.

➜ Global reach expanding: CEO William Li confirmed that NIO will begin sales in 20 new markets by 2026, using a local dealership model to scale efficiently.

➜ BaaS strategy in Europe: In Norway, William Li noted that NIO Europe is seeking a battery asset management partner to expand the Battery-as-a-Service (BaaS) model and ease the financial strain of holding batteries on its balance sheet.

➜ Safety milestone: NIO’s active safety systems prevented 67,809 potential accidents last week, another proof point of how fast its real-world AI data is scaling.

➜ Official designation: NIO was named the sole official vehicle for the 2nd Glass Industry Development Conference 2025, reinforcing its image as a trusted national brand partner.