The Chinese manufacturer NIO entered the European market with the launch of the ES8 in Norway. The first battery replacement station will open in Oslo in October.
NIO is one of the hottest electric car companies at the moment, being considered as popular in China as Tesla in the United States. Many rightly watch the rivalry between them and see them as competitors directly on the market. the new showroom of the Oslo company, suggestively called NIO house. The NIO ES8 with the standard 75 kWh battery costs from 61,000 euros, offering a range of 375 km in the WLTP cycle. An extended version is also available for 68,000 euros. It has a 100 kWh battery and can run up to 500 kilometers on a full battery.
The Chinese manufacturer NIO has entered the European market. How much does it cost to rent a battery
NIO customers can also opt for a car without a battery, and will rent the batteries on a monthly subscription, under the Battery as a Service program (BaaS). The rate in this case is 140 euros per month for the standard battery or 200 euros per month for the increased capacity battery. Renting the battery reduces the price of the car by 9,000 euros, respectively 16,000 euros. All these are converted prices from Norwegian kroner and, it must be said, cars are significantly more expensive in Norway than in other parts of Europe.
NIO intends to set up 20 battery replacement stations ) by the end of next year. The first Power Swap station will become operational later this month. Over time, the Chinese company intends to expand into the European Union. Norway, a country where mainly electric cars are bought, was the perfect target for the first step in Europe, even if the country is not part of the EU.
NIO has distinguished itself by its own system of interchangeable batteries. Replacing the consumed battery with a charged one takes a few minutes and is completely automated. Recently, NIO managed to impress in the EuroNCAP tests , where the ES8 model obtained the maximum rating (five stars), but also a remarkable score at Safety Assist chapter (92%).
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