Nio Europe

Nio has also launched the ET7, EL7 (ES7), ET5, ET5T, EL6 (ES6) in Europe since entering the market in 2021.

“In Europe, Nio's commitment to the EV market remains unwavering, and we will continue to serve our users and explore new opportunities within Europe despite protectionism,” Nio said.

The Nio House in Amsterdam is Nio's second in the Netherlands and seventh in Europe.

William Li said that Nio plans to continue expanding in Europe despite tariff uncertainties in the European Union, and that many of the complaints raised by the EU do not make sense.

Nio said it hopes to use the partnership to promote exchanges with local young scholars, apply for European research programs, and conduct joint product development and testing.

The service barely affects battery swap stations' ability to provide service to car owners, with one station bringing in revenue in the tens of thousands of euros a year, according to a Nio vice president.

Nio will launch the Firefly brand in Europe in 2025, Reuters quoted the EV maker's president as saying.

Nio is committed to a direct sales network in Europe, and the Firefly project is evaluating multiple channel models in Europe, including direct and dealer models, it said.

After Nio's president said last month that European sales had fallen short of expectations, the company has begun evaluating dealers in key European markets, according to Reuters.

The Nio ET5 Touring was launched in both China and Europe on June 15, with 11,677 units delivered in China to date.