Nio plans to launch competitively priced mass-market electric car for Europe soon

New Product Development

In Europe, Nio currently sells its electric cars in Norway, Denmark, Sweden, Germany and the Netherlands

Shanghai-based premium electric-car maker Nio plans to unveil a new electric car under a mass-market brand by the end of May and a second smaller electric vehicle slated to be sold in Europe in 2025 for less than $30,000, a news report published by Reuters on May 6 said.

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