Nio has recently launched the 2024 ET7 electric sedan and unveiled the Onvo smart EV brand, including the L60 model.

Will budget EVs from the likes of BYD and Nio be the next big thing with young American buyers?

Chinese electric carmaker NIO plans to continue its European expansion despite uncertainty over whether the European Union will impose tariffs on Chinese EVs

This move comes amid intensifying competition and shifting dynamics in the global automotive industry.

With 117 new models unveiled, including 278 new energy vehicles (NEVs), this year’s show surpasses its predecessor in Shanghai.

The NIO ET7 becomes the world’s longest-range vehicle, showcasing the capabilities of its swappable high-density 150 kWh semi-solid state battery pack.

China’s Ministry of Industry grants approval for electric vehicle maker Nio to produce vehicles in the country.

While Nio initially offered direct sales and leasing options to European customers, the company is now evaluating the addition of dealers in key European markets.