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$NIO (Nio Inc.-ADR) News: Conference call in an hour, let's wait for it 🦾 ➜ Happy 11th Birthday, NIO! NIO celebrates 11 years today, celebration time ! ➜ Portugal launch: NIO’s Portuguese distributor JAP Group has officially kicked off operations. The first models available are the EL6, ET5, ET5 Touring, and Firefly, marking another step in NIO’s rapid European expansion. ➜ Firefly pricing push in Europe: • Netherlands: Firefly’s First Edition gets a €5,000 Black Friday discount, dropping from €29,900 → €24,900, with 2.9% financing and immediate 2025 delivery. • Norway: Firefly has announced a major 18% price cut, only two months after starting deliveries, a bold move to accelerate adoption in one of Europe’s top EV markets. ➜ Global EV market update: Global NEV sales reached 5.39 million in Q3 2025, up 31% YoY. • BEVs: +48% • PHEVs: +4% (Source: TrendForce) Pure EVs continue to dominate growth globally, aligning directly with NIO’s long-term strategy. ➜ Cedar OTA upgrade: The ET9 and ES8 received the new Cedar 1.3.5 update, adding an anti–motion sickness mode and improvements to the digital key experience. ➜ NIO Energy patents: NIO Energy has secured new patents covering positioning pin components, positioning mechanisms, and battery-swapping equipment, addressing compatibility issues and improving the efficiency of swap operations.
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