$NIO Inc.(NIO)$The ET7 sedan from the Chinese EV maker NIO was spotted on Sunday in Prague, Czech Republic’s capital. Until now, the company has used the NIO ES8 SUV model to map the countries it plans to enter in 2023 – such as the three ES8 vehicles seen in Portugal in mid-July. The new technology requiresThe EV maker has been preparing for the second phase of its European expansion into nine new countries: Austria, Belgium, France, Hungary, Italy, Spain, Switzerland, Portugal, and Czech Republic. During the last NIO day — held in December 2021 — the EV maker confirmed its plan to expand its services to 25 markets by 2025.In mid-July, a NIO ES8 model was spotted for the first time in Portugal, the 8th country for NIO‘s 2023 Expansion. According t