A third brand will launch hybrid models overseas? NIO responds: Continue pure electric technology route. Recently, sources revealed that NIO (09866. HK/NIO. US) plans to launch its first hybrid model in 2026 and will only sell it in overseas markets. In response to this, NIO stated, "NIO's third brand Firefly will be released on NIO Day 2024, continuing to adopt a pure electric technology route that is rechargeable, replaceable, and upgradable