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NIO Plans to Begin Sales in Europe This Fall

·2 min read
NIO Plans to Begin Sales in Europe This Fall
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Chinese electric vehicle (EV) maker NIO (NYSE: NIO) gave a preview last week of its planned launch in Norway, and today the company gave investors details on its first move to do business outside of China. At the NIO Norway news conference today, the company said it aims to begin its first European sales this September. NIO said it will initially sell its flagship ES8 electric SUV in Norway, followed by the new ET7 luxury sedan, which will go into production early next year.