Affordable Powerhouse: Nio Unveils Firefly EV Starting at $16,470

(Image credit: Firefly) A breakthrough in China’s affordable EV segment, the Nio Firefly officially launched its first model on April 19, 2025, priced from RMB 119,800 (about $16,470) including battery pack, with deliveries starting April 29 2025 CnEVPost . Originally intended to feature dedicated demonstration swap stations, Nio pivoted in mid-March to integrate Firefly into its fifth-generation battery-swap network—built in partnership with CATL’s new Choco-Swap standard—citing cost-effectiveness and network synergies CnEVPost NIO . This BaaS (Battery-as-a-Service) model lowers the purchase barrier via subscription options (available August 1, 2025) and leverages CATL’s planned expansion—2,300 county-level divisions by year’s end—which promises faster, more reliable battery exchanges CnEVPost Investopedia . While Nio prepares Firefly for up to 16 international markets, its Europe debut has been postponed to Q3 2025 due to sales-service network build-outs, underscoring both oppor...