Nio plans to start delivering cars to Norway in September

NIO Inc, a start-up company for electric vehicles in China. CEO BinLi celebrates NIO shares opening on the New York Stock Exchange (NYSE) floor during the company’s initial public offering (IPO) on the New York Stock Exchange (NYSE). New York, September 12, 2018.

Brendan MacDermid | Reuters

Beijing — China’s electric vehicle start-up Nio The company announced on Thursday that it plans to begin shipping in Norway in September for its first entry into markets other than China.

Nio plans to launch the ES8 SUV in a new market earlier this year and launch the ET7 sedan in 2022. The company plans to increase its 15 local staff to 50 by the end of the year.

The Norwegian venture begins with Oslo’s flagship store, Nio House, which is scheduled to open in the third quarter. Next year, four small showrooms will open in other parts of Norway.

More than half of the new cars sold in Norway last year were battery-powered electric vehicles. Norwegian Road Federation. The percentage of 54.3% increased rapidly from 42% in the previous year.

Chinese EV startup Nio aims to become Chinese Tesla

Electric vehicles have dominated new passenger car sales in Norway for the past three years. VolkswagenLast year’s leading Audi e-tron, TeslaWith Model 3 of 2019 NissanAccording to the federation, the 2018 leaf.

Other Chinese electric car makers have already sold to Norway.Listed in the United States Xpeng Delivery 100 G3 electric SUVs in December.

Xpeng wants to see how Scandinavian customers react to P7 electric sedans later this year, Chairman and CEO He Xiaopeng told bystanders at the Shanghai Motor Show last month. He is looking for new staff and plans to set up a company in the region before considering Western and Eastern Europe.

Nio plans to start delivering cars to Norway in September

Source link Nio plans to start delivering cars to Norway in September

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