NIO Launches Three Fully Electric Vehicles in Four EU Markets

Smart electric vehicle company NIO has unveiled details of its products and services for Germany, the Netherlands, Denmark, and Sweden at its European launch event in Berlin. This expansion follows its entry into the Norwegian market last year.

Three new models, the ET7, EL7 and ET5, will be available together with new subscription models to encourage EV use. 

All three models are equipped with NIO’s latest Banyan intelligent system.

This full-stack technology comprises the vehicle computing platform, operating system, vehicle intelligent hardware, intelligent algorithms and applications, and will continue to evolve via FOTA updates. 

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

In 2022, NIO plans to build 20 Power Swap Stations (PSS) in Europe.

In 2023, this number is expected to reach 120. By 2025, NIO aims to build 1,000 PSS outside of China, most of which will be in Europe.

NIO's founder, chairman and CEO, William Li, says: “Serving users in Germany, the Netherlands, Denmark and Sweden is an important step in realizing NIO’s 2025 plan and offering our unique user experience in more countries around the world. Our compelling products, game-changing charging and battery swapping services, alongside truly innovative and flexible subscription models, will change the landscape of EVs. Our commitment to the region marks the start of NIO’s next chapter in our global development.”

NIO launched the EC6, a five-seater premium smart electric coupe SUV, in December 2019, and began deliveries of the EC6 in September 2020. It launched the ET7, a flagship premium smart electric sedan, in January 2021.