News Formal

Nio's UK Market Aspirations: Adding a European Flavour

  • 📰 autocar
  • ⏱ Reading Time:
  • 24 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 51%
  • Publisher: 67%

Automotive News

Nio,UK Market,Electric Car

Nio, the Chinese electric car maker, is working on providing its future models with a European flavour in its workshop in Oxfordshire. Although Nio is already active in several European countries, it has yet to officially launch in the UK. However, the company plans to start UK sales in 2025 as part of its global expansion. Nio's chief engineer is confident that their models will meet the expectations of UK buyers in a segment dominated by Audi, BMW, Jaguar, and Mercedes-Benz.

In a modest-looking workshop on an industrial estate in Oxfordshire, the foundation of Nio’s UK market aspirations is being laid. Here in ‘Motorsport Valley’, a small team of engineers are working to provide the Chinese electric car maker’s future models with what its principal chief engineer, Danilo Teobaldi, describes as a “European flavour”. Already active in Norway, Germany, the Netherlands, Sweden and Denmark, Nio has yet to officially launch in the UK.

Its latest statement points to starting UK sales some time in 2025 as part of a further global expansion that includes right-hand-drive markets for the first time. Still, Teobaldi is confident that when they do reach the UK, Nio models sold here will reflect the sort of dynamic qualities expected and demanded by buyers in a segment traditionally dominated by Audi, BMW, Jaguar and Mercedes-Benz. “We have very experienced and talented people working in Oxfordshir

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 93. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nio’s New Mass Market Onvo EV Brand Takes Aim At TeslaThe new brand, formerly known as Alps, will roll out a Tesla Model Y rival later this year
Source: Carscoop - 🏆 306. / 63 Read more »

Nio plans to launch its mass market EV brand in MayChinese premium electric car company Nio said Thursday it plans to reveal its mass market brand in May.
Source: CNBC - 🏆 12. / 72 Read more »

Beyond Capital: The European Investment Fund's Blueprint For A Thriving European Venture EcosystemSerial technology entrepreneur with 10+ years of experience building scalable tech ventures; leading product and development teams, selling to and co-developing products with Fortune 100 customers, raising capital from global professional investors.
Source: ForbesTech - 🏆 318. / 59 Read more »

Comparison of EV Market Share in European Countries, China, and the USThis article compares the EV market share of 15 European countries, China, and the US. Norway leads with 81.5%, followed by Sweden with 33%.
Source: cleantechnica - 🏆 565. / 51 Read more »

EV Market Share in 17 Countries — USA, China, & 15 European CountriesClean Tech News & Views: EVs, Solar Energy, Batteries
Source: cleantechnica - 🏆 565. / 51 Read more »