SHANGHAI -- Nio, a Chinese electric vehicle startup, is planning to charge into five new European countries next year, part of a brand development strategy aimed at eco-conscious drivers. Nio recently opened a showroom in Norway dubbed Nio House as the first step in its expansion drive in the region.
Electric cars in China
Chinese EV maker Nio to expand into five new European countries
Startup looks to strengthen brand with overseas foray
A Nio electric car is displayed at the Auto Shanghai car show in April. The Chinese EV startup aims to expand overseas by moving into rapidly growing European markets. © Reuters
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