NIO Enters Four New Euro Markets With Lease-Only ET7, ET5 And EL7 via insideevs.com
Gallery: Nio ES7Interestingly, NIO says its EVs will be available in Europe with subscription models"to encourage EV use." While the press release does not make it very clear, NIO CEO William Li toldthat the company will only lease its cars at launch, either for a fixed period or via a more flexible subscription model." Li said in an interview at the company's new NIO House showroom in central Berlin.
NIO Subscription terms start from just one month to 60 months, with the monthly fee to include insurance, maintenance, winter tires, a courtesy car and battery swapping, plus the flexibility to upgrade battery services. Speaking of battery swapping, the Chinese company plans to build 20 Power Swap Stations in Europe this year, with the number expected to reach 120 in 2023. Currently,, located in Zusmarshausen, between Munich and Stuttgart. An additional station in Berlin is nearing completion. By 2025, NIO aims to build 1,000 battery swap stations outside of China, most of which will be in Europe.
Obviously, customers will also be able to charge their cars the conventional way, as NIO has access to 380,000 charging points in Europe accessible with NIO NFC cards. To help customers find the most convenient station, the company has introduced a European version ofThe company also has established a network of Authorized Service Centers in all major city areas of Norway, Germany, the Netherlands, Denmark and Sweden.
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