China-based smart electric vehicle company NIO has unveiled details of its products and services for Germany, the Netherlands, Denmark, and Sweden at a European launch event in Berlin. This expansion follows NIO’s entry into the Norwegian market last year. Three new models derived from its NIO NT2 platform, the ET7, EL7 and ET5, will be available together with a subscription models to encourage EV use.
The company also said that it plans to build 20 Power Swap Stations (PSS) in Europe this year. In 2023, this number is expected to reach 120. The PSS located in Zusmarshausen, between Munich and Stuttgart is in operation, and the PSS in Berlin is nearing completion. By 2025, NIO aims to build 1,000 PSS outside of China, most of which will be in Europe.
NIO’s ET7 high-performance flagship sedan is available to order now in Germany, the Netherlands, Denmark, and Sweden with deliveries due to start on 16 October 16th. NIO also confirmed that pre-orders for its EL7, a mid-large smart electric SUV, and the ET5, its mid-size smart electric sedan, are open now, with deliveries set to start in January and March 2023, respectively.
The three NIO models for Europe are derived from NIO’s latest NT2 platform. The NT2 advanced chassis system, coupled with comprehensive tuning for each model, offerS a dynamic yet comfortable ride. NIO’s innovative CSU (Chargeable, Swappable, Upgradeable) architecture enables both charging and swapping of batteries with the ongoing opportunity to benefit from the latest battery technology or flexibility to upgrade the battery capacity.
NIO is committed to a comprehensive battery charging system in the new markets. At present, NIO has access to 380,000 charging points in Europe accessible with NIO NFC cards, and a European version of NIO’s charging map has also been introduced.
NIO also confirmed its commitment to increased R&D activity in Europe. This July, NIO created the Berlin Innovation Center, with its focus on digital cockpit, autonomous driving and the R&D of new energies. In September, the first Power Swap Station manufactured in NIO Power Europe Plant located in Hungary rolled off the production line. This plant also serves the role as the manufacturing center, service and R&D facilities for NIO Power in Europe. The teams from the NIO Power Europe Plant and the Berlin Innovation Center will sit alongside growing groups of engineers at NIO’s R&D and design facilities in Oxford and Munich.