NIO inks agreement for launch of international business headquarters

Shanghai (Gasgoo)- On Oct. 25, Chinese electric vehicle (EV) startup NIO signed an agreement to launch its international business headquarters in Jiangqiao town, Jiading district, Shanghai city, according to a post on an official WeChat account of Jiading district government.

The new headquarters covers an area of around 98.8 mu (65,870 square meters) with a floor area ratio of 2.7. The area available for construction covers about 178,000 square meters.

Photo credit: NIO

Leveraging NIO's multi-year technical and R&D strengths in the new energy vehicle (NEV) field, the company's international business headquarters will contain abundant functional facilities for R&D, office works, automobile display, etc. In the future, it will operate as the foothold for NIO's international businesses like automobile export.

NIO said one week ago via its WeChat account that it had already kicked off deliveries of its ET7 all-electric sedan in four European countries, namely, Germany, the Netherlands, Denmark, and Sweden, marking a further substantial progress for NIO's overseas business development.

According to NIO, the ET7 delivery in Germany immediately came after the company hosted the NIO Berlin, a launch event in Europe under the theme "A New Horizon", on Oct. 7, 2022 (Germany Time). On Oct. 16, NIO delivered the first batch of ET7s to users in the Netherlands. The deliveries also commenced in mid-Oct. in both Denmark and Sweden.

NIO announced in mid-Sept. that NIO's Power Europe Facility in Hungary delivered its first Power Swap Station to Germany. The significant battery swap station was officially launched at the end of Sept.

As NIO's first overseas plant, NIO Power Europe Plant is the manufacturing, service, and R&D center for NIO's power products in the continent. Its operation will support NIO's goal of deploying 1,000 Power Swap Stations outside China by 2025.