Nio to enter Singapore with Wearnes Automotive as partner – Firefly EV launching in 2026; Malaysia next?

AI Summary

Chinese automaker Nio will launch its first right-hand drive electric vehicle, the Firefly EV, in Singapore in 2026. Partnering with Wearnes Automotive, Nio will offer two variants of the hatchback, priced competitively with a battery-as-a-service (BaaS) option. The Firefly EV boasts a 42.1-kWh LFP battery, a 141 hp electric motor, a 420 km range, and fast charging capabilities. Smaller than the BYD Dolphin but larger than the BYD Seagull, the Firefly's size is comparable to the Dongfeng Box and Neta V. This Singapore launch is part of Nio's broader global expansion, which also includes Costa Rica and Uzbekistan.