NIO Expands into German, Dutch, Danish & Swedish Markets

Following its entry into the Norwegian market last year, Chinese electric vehicle company NIO will move sales further in the EU with three new models available through lease or subscription.

Cindy Brauer・Former Managing Editor

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October 20, 2022

NIO Expands into German, Dutch, Danish & Swedish Markets — Three new NIO EV models, the ET7, EL7 and ET5, will be available through leasing and subscription in five EU countries.
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Following its entry into the Norwegian market last year, Chinese electric vehicle (EV) company NIO is expanding into Germany, the Netherlands, Denmark and Sweden. Three new EV models, the ET7, EL7 and ET5, will be available through leasing and subscription to encourage EV use, according to NIO.available through leasing and subscription to encourage EV use, according to NIO.

The automaker’s ET7 flagship sedan is available to order in the five EU countries beginning October 16. Pre-orders for the EL7, a mid-large smart electric SUV, and the ET5, a mid-size smart electric sedan, are open, with deliveries set to start in early 2023.

The three NIO models for Europe are based on NIO’s latest NT2 platform. The models’ architecture enables both battery charging and swapping.

Meeting five-star safety requirements, the models are equipped with NIO’s latest Banyan intelligent system, comprising vehicle computing platform, operating system, vehicle intelligent hardware, intelligent algorithms and applications, and will continue to evolve via online updates.

The EVs also come with a PanoCinema panoramic digital cockpit as standard – powered by the world’s first on-board artificial intelligence assistant, NOMI.

Subscription terms of one to 60 months are offered with available comprehensive insurance, maintenance, winter tires, a courtesy car and battery swapping, as well as the flexibility to upgrade battery services.

NIO plans to build 20 EV power swap stations (PSS) this year and expects to add another 100 in 2023. By 2025, NIO aims to build 1,000 stations outside China, most in Europe. Currently, NIO subscribers can access 380,000 charging points in Europe with the NIO NFC card.

A NIO network of authorized service centers is available in all major city areas of Norway, Germany, the Netherlands, Denmark and Sweden. Via the NIO App, users can access car data and book service appointments.

Topics:European Union EVs Commercial Fleet Leasing Car Subscriptions Global Fleet

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