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NIO announces global expansion
NIO announces global expansion
Chinese electric car brand NIO has announced the start of a global expansion and intends to start with Norway. In September 2021, the company intends to start selling its electric vehicles in Norway, where electric cars are in high demand. In April, sales of electric cars in the country accounted for 55% of the total number of cars sold.NIO plans by the end of the year to establish a network of shops, charging stations, repair services in Oslo and build a showroom of 2,150 square meters. The capital will be followed by other Norwegian cities where NIO plans to develop.The first model NIO will sell outside of China will be the ES8 electric SUV. It can travel from 400 to 500 km on a single charge, depending on the type of battery the owner will use. At the same time, it is not yet known how much the novelty will cost the Europeans.The ES8 will be followed by the ET7, an electric car due to hit the market in 2022. This model is called the rival of the Tesla Model S. In China, the car is already on sale, it is capable of driving about 1,000 km without recharging.After Norway, the Chinese brand intends to enter five more European markets. This was announced by the founder of the company, William Lee, without specifying which countries are in question. Most likely one of these countries is the UK.In April, NIO sold 7,102 vehicles in China, bringing the total number of its users to 102.8 thousand. The company started operating in 2018.
·dailygram.com·
NIO announces global expansion