Chinese New Energy Vehicle (NEV) brand Nio Auto plans to have three automotive sub-brands next year, making it achievable to double its sales, the company’s chairman said at a media briefing. Among them, the Nio Onvo brand is expected to deliver an average of 20,000 vehicles per month, and the Firefly brand, after entering mass production, will deliver several thousand vehicles monthly. Additionally, the Nio brand itself will see some sales growth. Combined, the annual sales of the three brands are projected to exceed 400,000 units. In the first 11 months of this year, Nio delivered approximately 191,000 vehicles in total.