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Chinese EV Maker NIO Enters European Market

Chinese OEM NIO is launching in Norway with its flagship ES8 SUV

NIO, a maker of electric vehicles in China, is taking its first steps into Europe with a sales center in Norway. First vehicles to launch there will be the NIO ES8 flagship SUV and the company’s flagship ET7 sedan. Norway has enjoyed high electric vehicle growth thanks to a variety of taxation and driver inducement to encourage take up of zero emission motoring. In 2020 battery electric vehicles took 54% of the Norwegian car market, a record.

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