Chinese EV maker unveils high-tech new model with head-turning design: 'Competitive specs and price tag'
For Chinese EV maker Nio, updates to its upcoming Firefly model — set to debut around October — will feature steering wheels on the right side of the car, opening it up to regions like the United Kingdom, Singapore, and, most notably, Australia.
According to Zecar, while Nio has already made waves across Germany and Northern Europe, the Firefly will be the company's first vehicle crafted with international appeal in mind: a small EV equipped with right-hand drive capacities.
Unlike many EV companies, Nio also offers battery swapping for all its vehicles, allowing drivers to pull up to a station and swap out their depleted battery for a fully-charged one, rather than waiting indefinitely for their battery to charge conventionally.
The expansion of electric vehicle markets is a major step forward in terms of our long-term sustainability goals, one that can simultaneously save EV drivers thousands of dollars on conventional fuels and routine maintenance.
Making the switch from a gas-guzzler to an EV can help motorists partake meaningfully in the battle against the warming planet by cutting down on the carbon pollution they generate in everyday transportation — the same carbon pollution that traps heat within our atmosphere, exacerbating extreme weather conditions and threatening vital resources.
The downside, of course, is that EV batteries have proven taxing on the Earth from production to disposal, with lithium mining disrupting ecosystems and battery disposal leaking harmful contaminants into the ground.
However, with 16.5 billion tons of coal, oil, and gas extracted from the planet every year, the need to move away from dirty fuel sources is obvious.
Per the MIT Climate portal, powering an EV battery for one mile generates only about 200 grams of carbon pollution, down from over 350 grams per mile for a combustion-based vehicle.
You can do even more for both the planet and your wallet by installing solar panels, making charging your EV both easier and more affordable than relying on public charging stations or conventional electrical power grids.
Would you be more likely to drive an EV if you could charge it in 5 minutes?
Yes
Depends on the cost
No way
I already have an EV
Click your choice to see results and speak your mind.
To get started with solar energy, tools like EnergySage can connect you with local installation services and help you save up to $10,000 in the process.
"[Nio's] right-hand drive production plans, its growing global footprint, and the Firefly's competitive specs and price tag make it a prime candidate for the Australian EV market," concluded Zecar.
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The project, expected to be completed in late 2026, will be engineered and built to international standards and deliver an environmentally responsible tailings solution that will last for the entirety of the mine's estimated 25 year also continued to identify climate-related risks and opportunities and to develop effective mitigation and management strategies aimed at reducing risk and capitalizing on emerging opportunities. Among the key actions undertaken were completing a climate risk and opportunity assessment for Energas S.A. as well as establishing baseline energy and greenhouse gas ("GHG") emissions assessments for Moa Nickel S.A. and Sherritt's operations in Fort Saskatchewan. These initiatives yielded several findings with the potential to lower GHG emissions intensity, reduce operating costs and enhance compliance with customer requirements. Responsible Production and SupplySherritt continues to demonstrate its commitment to ethical and responsible production, supply and sourcing practices aligning with internationally-recognized industry frameworks. Sherritt achieved a self-assessed Level A in all of The Mining Association of Canada's Towards Sustainable Mining protocols at Sherritt's operations in Fort Saskatchewan and confirmed independent validation of its conformance with the London Metal Exchange's Track B responsible sourcing requirements. Sherritt completed a comprehensive risk assessment of its mineral supply chain against Organization for Economic Co-operation and Development (OECD) standards, identifying no significant risks, and advanced its Indigenous Relations and Reconciliation Road Map, strengthening its commitment to meaningful partnerships with Indigenous communities. As a result of work that began in 2024, Sherritt also became a Participant of the Copper Mark as the Corporation aims to obtain The Nickel Mark award for the refinery facilities in Fort Saskatchewan in the future. Sherritt's 2024 Sustainability Report, Climate Report, Tailings Management Report and Sustainability Scorecard are available on Sherritt's website at Sherritt's 2024 Sustainability Report and Sustainability Scorecard were prepared with reference to the Global Reporting Initiative's (GRI) and Sustainability Accounting Standards Board (SASB) disclosure standards. About SherrittSherritt is a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt – metals deemed critical for the energy transition. Sherritt's Moa Joint Venture has a current estimated mine life of 25 years and has embarked on an expansion program focused on increasing annual mixed sulphide precipitate production by 20% of contained nickel and cobalt. 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All statements in this press release, other than those relating to historical information, are forward-looking statements, including, but not limited to, statements regarding strategies, plans and estimated production amounts resulting from expansion of mining operations at the Moa Joint Venture; the anticipated completion and expected benefits of the Moa Joint Venture tailings project; potential GHG emission reductions; cost savings from identifying climate-related risks and opportunities; and the Corporation's goal to obtain The Nickel Mark award. The Corporation cautions readers of this press release not to place undue reliance on any forward-looking statement as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements. The key risks and uncertainties should be considered in conjunction with the risk factors described in the Corporation's other documents filed with the Canadian securities authorities, including without limitation the "Managing Risk" section of the Management's Discussion and for the three and six months ended June 30, 2025 and the Annual Information Form of the Corporation dated March 24, 2025 for the period ending December 31, 2024, which is available on SEDAR+ at The forward-looking information and statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligation to update publicly or revise any oral or written forward-looking information or statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The forward-looking information and statements contained herein are expressly qualified in their entirety by this cautionary statement. View source version on Contacts For further information, please contact:Tom HaltonDirector, Investor Relations and Corporate AffairsEmail: investor@ Telephone: (416) Effettua l'accesso per consultare il tuo portafoglio
