NIO plans to set up production plant for battery-swapping and charging stations in Hungary

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Corporate developments

NIO’s plan to set up a production base for battery-swapping and charging stations in Hungary underscores its goal of setting up its own network in Europe

Mainland Chinese EV maker NIO is planning to build a manufacturing plant for battery-swapping and EV charging stations in Hungary to support its expansion plans in Europe, a news report published by Pandaily on 2 June 2022, citing Cailian Press.

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