Automotive: Chinese Nio’s Plans for European Expansion

Nio Day 2021 held in the eastern city of Suzhou, China on December 18 not only showcased a new model, the ET5, but also outlined plans for entry into 25 markets by 2025. These plans, however, are likely to put the embattled company under even closer financial scrutiny. Despite selling 91,429 cars in 2021, a … Continue reading Automotive: Chinese Nio’s Plans for European Expansion