StreetMoon
2021-07-20

$NIO Inc.(NIO)$ hints at expansion to Germany next with job posting .


A recent job post by Chinese automaker NIO offers a potential hint that the company plans to expand its sales presence in the EU to Germany next. While NIO is currently in the process of shipping superchargers and battery swap stations to Norway as the first stop on its European tour, expanding to Germany makes sense for several reasons.


NIO ($NIO) was founded in 2014 and is currently based in Shanghai, quickly establishing itself as a leading brand for electric SUVs with its ES8, ES6, and EC6 offerings.

Last January, the automaker announced its first luxury sedan, the ET7, to compete with EVs like the Tesla Model S. This past May, NIO announced it will be expanding outside of China, beginning with sales in Norway, followed by news that it had been approved for mass production of its ES8 SUV throughout Europe.

This week, NIO shared images and updates that it has officially begun its journey overseas to Norway with charging equipment en route.

Now, a recent job post for the position of “General Manager of NIO Germany” offers a possible hint of where the EV automaker has its sights set next.


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Comments

  • M88
    2021-07-20
    M88
    NIO is expanding! Soon will be global.
    • Mervx
      The choice betw NIO,Xpeng, Li is obvious!Only Nio is expanding overseas. Also. NIO has 3 strong investors - Tencent, BlackRock, Vanguard.

      Most importantly, NIO is backed by the CHINESE GOVERNMENT!!!

  • goldenkoi
    2021-07-21
    goldenkoi
    NIO is an excellent long term play, don’t be afraid when others are fearful
  • KK92
    2021-07-20
    KK92
    To the moon!!!!
  • QianBuffett
    2021-07-20
    QianBuffett
    ET7指日可待
  • Chris68
    2021-07-21
    Chris68
    Happy to see NIO is expnding into Europe swiftly!
  • Ed58
    2021-07-21
    Ed58
    nice
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