China's NIO targets Norway as entry point into Euro EV market

OSLO: Chinese premium EV maker NIO has chosen Norway as its first entry point into the European market.

The company also plans to set up its entire product and service portfolio in Europe - including the innovative NIO Power Swap technology, which enables vehicle batteries to be automatically replaced within three minutes. In addition, NIO will also build its own Supercharger network in EV-friendly Norway. With NIO Power Home, a charging solution developed for the home will be added to the offering, giving NIO users in Norway a unique charging experience.For offline distribution, NIO relies on its own network of lifestyle locations. NIO said it would open a 2000 square metre NIO House in the centre of Oslo in the summer.

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