Nio plans to start delivering cars to Norway in September – fr

Nio plans to start delivering cars to Norway in September – fr

Bin Li, CEO of Chinese electric vehicle start-up NIO Inc., celebrates after ringing a bell as NIO shares begin trading on the floor of the New York Stock Exchange (NYSE) during the offering Initial Public Offering (IPO) at the NYSE in New York, September 12, 2018.
Brendan McDermid | Reuters
BEIJING – Chinese electric car start-up Nio on Thursday announced plans to begin deliveries to Norway in September, for the company’s first entry into a market outside of China.
Nio plans to launch its ES8 SUV into the new market for the first time this year, followed by its ET7 sedan in 2022. The company plans to expand its local staff from 15 to 50 by the end of the year.

The Norwegian company will start with a flagship store “Nio House” in Oslo which is expected to open in the third quarter. Four smaller exhibition halls are expected to open in other parts of Norway next year.

More than half of new cars sold in Norway last year were battery-electric vehicles, according to the Norwegian Road Federation. The proportion of 54.3% marked a rapid increase from 42% the previous year.

Chinese start-up Nio aims to become China’s Tesla
Electric vehicles have dominated new passenger car sales in Norway for the past three years, with Volkswagen’s Audi e-tron leading last year, Tesla’s Model 3 in 2019 and Nissan’s Leaf in 2018, according to the federation.
Other Chinese electric car makers are already selling in Norway. Xpeng, listed in the United States, delivered 100 units of its G3 electric SUV in December.

Later this year, Xpeng hopes to see how customers in northern Europe react to its P7 electric sedan, Chairman and CEO He Xiaopeng said on the sidelines of the Shanghai auto show last month. He recruits new collaborators and plans to create a company in the region, before taking an interest in Western and Eastern Europe.


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