Chinese language EV firm Nio will begin gross sales in 5 extra European international locations in 2021 following its launch in Norway this yr.
The automaker will start deliveries of its ES8 giant SUV in Norway in September and can set up a community of metropolis heart shops, charging stations, service facilities and battery swap stations within the nation.
Nio selected Norway to as its first European market due to the nation’s dedication to sustainability, Nio founder William Li mentioned in a web-based presentation on Thursday.
“The choice was backed by long-term considering. Norway is probably the most EV pleasant nation,” he mentioned.
In a separate occasion, Li informed journalists in China that the automaker will launch gross sales in 5 extra European international locations.
The ES8 has a variety of between 400 km to 500 km (248 miles to 311 miles) on the WLTP cycle relying on mannequin, Nio mentioned.
No value was given for the automotive, however Nio is aiming on the premium market.
The model’s second mannequin will the ET7 large sedan arriving in 2022. The ET7, a rival for the Tesla Mannequin S, was launched in in January in China with a promised vary of 1,000 km between prices.
Nio will construct 4 battery swap stations across the Norwegian capital of Oslo this yr, with 12 extra deliberate in different cities subsequent yr. The swaps are performed in three minutes as a faster various to charging.
In March, Nio mentioned it had accomplished 2 million battery swaps in China for purchasers. Nio may even construct a fast cost community in Norway, it mentioned.