Published: October 19th, 2023,
Last updated: November 7th, 2023
Chinese EV manufacturer Nio is reportedly considering expanding its European business by utilizing dealerships for distribution. This move is intended to boost sales, even though Chinese EVs could face market obstacles such as tariffs, according to three insiders familiar with the matter who spoke to Reuters on Wednesday. The company currently operates six showrooms in Germany, Norway, Sweden, Denmark and the Netherlands. Globally, there are 137 „Nio Houses“, as the central urban locations are referred to.