Automakers

Nio takes on BMW, Mercedes in Europe with flexible battery plan

Nio battery swap station Oslo
A Nio battery swap station in Oslo is pictured. (NIO)
R
By:
Reuters
September 21, 2022 12:24 PM

SHANGHAI -- Chinese electric-car startup Nio is looking to grab a share of Europe’s growing market for electric vehicles by rolling out a battery leasing and swapping network to cut costs for users, its co-founder, Qin Lihong, told Reuters.

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