Nio has no plans to take over the Audi plant, and the company is cautious about investing in fixed assets, the EV maker's CEO William Li said.
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Category: NIO Europe
Nio is one of the candidates considering taking over the Audi Brussels car plant in the city of Vorst in Brussels, which is at risk of being shut down, according to a Belgian media report.
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Nio began deliveries of the new ES8 -- known locally as the EL8 -- in Europe, after launching the electric SUV there three months ago.
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As of July 15, Nio had 15 battery swap stations in Norway and 17 in Germany, according to data compiled by CnEVPost.
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In the long term, if local sales reach a certain level, say 100,000 units, local production should take place, Nio CEO William Li said.
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Nio has also launched the ET7, EL7 (ES7), ET5, ET5T, EL6 (ES6) in Europe since entering the market in 2021.
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“In Europe, Nio's commitment to the EV market remains unwavering, and we will continue to serve our users and explore new opportunities within Europe despite protectionism,” Nio said.
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The Nio House in Amsterdam is Nio's second in the Netherlands and seventh in Europe.
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William Li said that Nio plans to continue expanding in Europe despite tariff uncertainties in the European Union, and that many of the complaints raised by the EU do not make sense.
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Nio said it hopes to use the partnership to promote exchanges with local young scholars, apply for European research programs, and conduct joint product development and testing.
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