Chinese electric vehicle maker Nio is planning to launch its first hybrid model in 2026 and will only sell it in overseas markets, including the Middle East, North Africa and Europe, according to two people with knowledge of the matter.

Nio (NIO) plans to launch its first hybrid model in 2026 outside of China, targeting markets in the Middle East, North Africa, and Europe.

Chinese electric vehicle (EV) manufacturer Nio is set to introduce its first hybrid vehicle in 2026, targeting international markets, including the Middle East, North Africa, and Europe. This decision comes as Nio seeks

Development of the extended range hybrid, under the Firefly brand, stems from suggestions by Nio's main investor, Abu Dhabi investment vehicle CYVN Holdings