Nio Europe

Nio made the first ET7 deliveries in Germany and the Netherlands on October 18.

Nio officially launched the ET7, EL7 and ET5 in Europe last month, with deliveries of the ET7 already starting on October 17, although it is currently only available in lease model.

Delivery of the cars from the purchase option will begin in 2023.

Qin Lihong mentioned this in the Nio App in response to a user suggestion that Nio should offer consumers an additional option in Europe.

The Nio ET5 and EL7 are priced higher in Norway than they are in China, while the ET7 is slightly lower.

Nio made the first ET7 deliveries in Germany and the Netherlands, while customers from Denmark, Sweden and Norway test-drove the sedan.

Some buyers would naturally be concerned about the residual value of a new brand, and a monthly subscription option allows customers to try out the cars, according to Edison Yu's team.

Nio has underestimated the enthusiasm of many users for buying its cars, and the company is open to the buy option and will prepare further, Li said.

While 20 percent of European consumers still want to buy and own vehicles, Nio is still early in its operating model and wants to reach the other 80 percent first, Li said.

Nio introduced three of its latest models -- the ET7, EL7 and ET5 -- to European consumers, but the model that only allows leasing rather than buying has generated a lot of discussions.