Hyperdrive
Chinese Electric Car Maker Nio Eyes Europe With Norway Foray
- Nio will launch ES8 SUV and ET7 sedan over the coming months
- Firm’s Nio Houses, merchandise also to be rolled out in Norway
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Chinese electric car upstart Nio Inc. will take its first step outside its home market, opening a showroom and beginning to sell vehicles in environmentally conscious Norway.
Nio will start delivering the latest version of its ES8 all-electric six- or seven-seat sports utility vehicle to the Nordic nation in September, Chief Executive Officer William Li said at an event in Shanghai Thursday. Its first electric vehicle sedan, the ET7, will launch in the second half of 2022. Preorders for the ES8 are expected to start shortly.