Recently, the first power exchange station produced by the European factory of NIO Energy in Hungary was officially shipped to Germany. The delivery of this station indicates that NIO will accelerate the energy distribution in the European market and provide more convenient power-up services for European users.
The European factory of NIO Energy is the first factory built overseas by NIO, and it is also the European manufacturing center, service center and R&D center for NIO power-on products. The main business of NIO Energy’s European factory includes the manufacture and after-sales service of battery swap stations, the training of NIO’s European power-up business, and the research and development of power-up products.
Qin Lihong, co-founder and president of NIO, said: “The good diplomatic relations between China and Hungary have provided a solid foundation for business cooperation, and I would like to thank the Hungarian government for its support to NIO. Hungary has a particularly good investment environment. As a global company, Hungary is regarded as an important step for NIO’s development in Europe. With the operation of NIO Energy’s European plant, it will support us to deploy a total of 1,000 battery swap stations overseas by 2025; Pioneering R&D center to develop sustainable technologies with Oxford and Silicon Valley to accelerate the realization of net zero emissions. With years of practical experience in providing innovative power-up solutions for Chinese users, NIO will bring comprehensive power-up services to European users .”