Nio

Major headwinds to the competition faced by traditional luxury automakers as Nio master plans to dominate the premium luxury segment.

Nio has 25 battery swap stations in Hubei province, connecting 16 cities and covering multiple highways.

For users currently using Android-powered phones, they may not have to switch phones in a year, Li said, hinting that Nio's phone could be released within a year.

As of the end of October, Nio's cumulative deliveries since its inception stood at 259,563 units.

Nio will launch five models in the first half of next year, and by June there will be a total of eight available models, William Li previously said.

Nio ET7 previously had a wait time of 3-5 weeks and ES7 7-9 weeks.

Nio ET7 deliveries have now started in all five European countries, including Germany, the Netherlands, Norway, Sweden and Denmark.

WeLion held a ceremony for the occasion, attended by Nio senior vice president Zeng Shuxiang.

The shooting brake models were previously a niche market in China, but the unexpected success of the Zeekr 001 has made such models increasingly popular.

The Nio ET7 has won the Technological Frontrunner award from Auto Awards Denmark, beating out rivals including the Mercedes-Benz EQS and Tesla Model Y.