Nio (NIO) is expanding its footprint into Norway, its first overseas destination away from China. The company intends to establish a robust ecosystem in the country comprising cars, services, and digital experiences. It also plans to build its lifestyle brand and community. As part of the expansion, ES8, the company’s flagship electric SUV, is to make its much-awaited debut in the European nation. Plans are also underway to introduce the ET7 smart electric flagship sedan in 2022. The sale of the cars will be supported by a massive sale and service network that the company intends to establish.
https://www.tipranks.com/news/nio-sets-base-in-norway-as-europe-expansion-looms