NIO’s Power Europe Facility in Hungary recently delivered its first Power Swap Station to Germany. This is a milestone in the acceleration of NIO Power’s development in the European market and the ability to provide more convenient power services for European users.
NIO Power Europe Plant, as NIO’s first overseas plant, is the manufacturing, service, and R&D center for NIO’s power products in Europe. The focus of it is manufacturing and after-sales service of Power Swap Stations, training for power operations in Europe, and the innovation of power products.
Attending the shipment ceremony were Mr. Qin Lihong, Co-founder and President of NIO; Mr. Shen Fei, Senior Vice President of NIO Power; Mr. Zhang Hui, Vice President of NIO Europe; Mr. Liu Bo, State Secretary for Bilateral Relations of the Ministry of Foreign Affairs and Trade, Member of Parliament, Mr. Menczer Tamas, Consul General of Hungary Shanghai, Mr. Szilárd Bolla and Ms. Rita Szép-Tüske, Deputy CEO of Hungarian Investment Promotion Agency.
At the ceremony, Lihong said that the sound diplomatic relations between China and Hungary have laid a solid foundation for business cooperation and that Hungary has a favorable investment environment. He also thanked the Hungarian government for supporting NIO. As a truly global company, NIO regards Hungary as an important step for its European development.
As NIO Power’s Europe Plant starts operating, it will support our goal of deploying 1,000 Power Swap Stations outside China by 2025. It will become NIO Power Europe’s R&D Center, working in cooperation with our centers in Oxford and Silicon Valley to develop sustainable technologies and accelerate the realization of Zero Emissions.
NIO will provide European users with superior experience and comprehensive power services based on years of practice in China. Meanwhile, the Power Swap Station delivery also marks an important milestone in NIO’s efforts to improve power services for European users.
Read the full announcement HERE.