Comments on: Nio to launch PHEV model under Firefly brand for Europe, Reuters says https://carnewschina.com/2024/11/04/nio-to-launch-phev-model-under-firefly-brand-for-europe-and-other-export-markets-reuters-says/ China Auto News Mon, 04 Nov 2024 07:36:07 +0000 hourly 1 By: Anthony https://carnewschina.com/2024/11/04/nio-to-launch-phev-model-under-firefly-brand-for-europe-and-other-export-markets-reuters-says/#comment-617356 Mon, 04 Nov 2024 07:35:46 +0000 https://carnewschina.com/?p=203315#comment-617356 A long, long road is ahead for Nio and its shareholders. While admirable in their aspirations, the company burns money every quarter without any profitability. The sales numbers are just too low.

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