NIO Inc. (NYSE:NIO) is listed among the 12 Best EV Charging Stocks to Buy According to Hedge Funds. Firefly, a sub-brand of NIO, partners with HERE Technologies to enhance its electric cars with superior map data for navigation and driver assistance systems, complying with EU Intelligent Speed Assistance rules.
NIO Inc. (NYSE:NIO) showcased a 40.1% increase in Q1 2025 with over 42,094 vehicles delivered. Deon Newman, SVP of HERE, emphasizes the company’s commitment to providing Chinese EV brands like NIO with AI-powered location technology as they expand internationally, particularly in Europe.
Chris Chen, VP of NIO Inc. (NYSE:NIO) Global Business Development, highlights the importance of HERE’s global experience in meeting international safety standards as Firefly expands in Europe. Firefly aims to make premium EV features more accessible for urban transportation.
Faraday Future (FFIE) secures $41M to accelerate AI and autonomous driving development. The company is focused on cutting-edge electric vehicle technology and innovation for the future of transportation.
Read more at Yahoo Finance: NIO’s Firefly Brand Uses HERE Technologies to Power Smart, Connected EV Journeys