NIO on Friday held a launch event under the theme “A New Horizon” in Berlin to detail its expansion into European markets.
The event kicked off with William Li, NIO’s founder, chairman, and CEO, taking the stage. Li announced that the Chinese automaker now has more than 250,384 customers across the globe. NIO delivered a total of 31,607 vehicles in the third quarter alone.
The company’s electric vehicles (EVs) have already logged more than 6.8 billion kilometers.
Li and other NIO execs went on to outline the company’s plans for a European launch. NIO unveiled three models based on its NT 2.0 EV platform — the ET7, EL7, and ET5 — that will be released in Europe.
European deliveries will start with the ET7, the first customer deliveries of which are scheduled to begin in Germany and the Netherlands from October 16. NIO’s 150 kWh Ultra Long Range battery pack for its EVs is also coming to Europe sometime next year.
The Chinese EV maker plans to have 20 battery swap stations up and running across Europe by year’s end. NIO said this number would increase to more than 120 stations by 2023.
The company also announced the NIO Subscription for Europe, a subscription-based long-term vehicle rental service that will launch this year. Through the subscription, customers will be able to rent an ET5 EV from NIO for as low as €999 per month.
According to NIO, the company currently has 270 user advisory board members in Europe. In order to improve the product experience for European customers, NIO has already added English, German, and Norwegian language options to its virtual voice assistant, NOMI. The company promised to add Danish, Swedish, and Dutch in a quarter.
NIO has quickly become one of the most prominent all-electric automakers in China. With its expansion into Europe now officially underway, it won’t be long before the company lands stateside. According to reports, NIO is eyeing a 2025 timeline for an expansion into the U.S.
You can watch NIO’s full Berlin event below:
