Nio Europe

Nio opened its first Nio House in Europe, the company's flagship showroom, in Norway a year ago.

Nio said it invited many new consumers to test drive and experience the ET7 during the show and received positive comments from them.

Nio's plant in Hungary has completed its capacity ramp-up, company co-founder and president Qin Lihong said at an event this week.

Nio officially opened its first Nio Space in the Westfield Täby Mall Centrum in the Swedish capital Stockholm on December 8.

EnBW, Germany's largest fast-charging network operator, has entered into a partnership with Nio, which will build up to 20 battery swap stations at its charging parks.

Nio has previously put battery swap stations into operation in Norway, Germany and Sweden.

In addition to BYD, several other Chinese automakers, including Chery and Nio, are reportedly planning to order vehicle carriers.

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

Pricing for ET7, EL7, ET5 essentially puts Nio in direct competition with Mercedes-Benz and BMW in Europe rather than Tesla's models.

Multiple people crouched down to watch the ET7's battery being replaced, demonstrating the curiosity of local residents about this innovative way of replenishing energy.