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Chinese firm to offer cheaper EVs in Europe

Nio among producers looking to gain an edge on slower-moving Western rivals

A Nio ET7 is displayed in a company showroom for its premium smart EVs in Berlin. (Photo: Reuters)

BERLIN – The Chinese electric vehicle maker Nio will launch its cheaper Firefly brand in Europe in 2025, its president said on Friday.

Both the Firefly and Alps brands will produce cars for families, with Firefly offering smaller models, Lihong Qin…

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