Nio Europe

Nio will enter at least five European countries next year, all offering NT2-based products.

Nio plans to put the first four battery swap stations into operation in Norway within this year.

Chinese automakers, represented by Nio, have seized the opportunity and started to share the big pie of the smart car market in Europe and the US, says the People's Daily.

The Nio ES8 will start at a lower price in Norway than in China, fulfilling a previous promise by company executives not to pursue higher gross margins.

After a two-month sea voyage, the first batch of Nio's ES8s delivered to Norwegian customers have arrived at the port of Drammen, Norway.

Nio will officially launch the ES8 in Norway on September 30 and the first local Nio House will be officially open for business from October 1.

Nio has presented the ET7 for the first time in Germany, marking the model's European debut. It confirmed that the model will be available in Germany next year.

Nio's pricing in Norway will take into account tariffs and shipping costs, but will not seek higher gross margins, the company had said.

Nio has started allowing Norwegian users to test drive its ES8 SUV, marking its latest step in entering the international market.

Nio's app for Norwegian users became available in the local App Store and Google Play Store on August 16, marking an important step in its expansion into the European market.