NIO shares rise as it accelerates global expansion plans, aiming to enter 25 countries by 2025 after years of consolidation.

Nio previously used the direct sales method in Europe, "but now we have Onvo and then we will have Firefly, an even lower [price] entry-level brand," he told reporters. "We can enter the global ...

This, according to the company, will expand its footprint and integrate further into the “global smart EV ecosystem.” CYVN ...

The collaboration with CYVN Holdings to establish a foothold in the Middle East and North Africa further exemplifies NIO’s strategy to expand its global reach and mitigate export tariffs.