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home / articles / TECH - NIO Begins ET5 Sedan Deliveries In Europe Starting With Four Major Markets | Benzinga


TECH - NIO Begins ET5 Sedan Deliveries In Europe Starting With Four Major Markets | Benzinga

Chinese electric vehicle manufacturer, NIO Inc. (NYSE:NIO), has commenced deliveries of its ET5 sedan in Europe, four months after its launch in China.

As reported by Electrek, the electric sedan has started reaching customers in four different markets, including Germany. The ET5 was first unveiled in January 2021, boasting a commendable CLTC range of over 1,000 km (620 miles) and potential compatibility with solid-state batteries from WeLion.

Prior to European deliveries, NIO’s first validation prototypes were seen rolling off its assembly lines in China by the end of 2022. After local deliveries in 2023, the company expanded to European markets, including plans for Denmark.

The official launch of the ET5 in China was quickly followed by an announcement of imminent deliveries in Europe in Q4. NIO documented some of the first overseas deliveries on its social media channels.

See Also: Cathie Wood’s Ark Sold $21M Worth Of Tesla Shares Last Week As EV Maker Prepares To Report Q3 Results

As per ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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