https://www.fool.com/investing/2022/05/26/why-nio-stock-hit-…
Aside from its domestic market, China, the only other market Nio has entered so far is Norway, where it first launched its SUV, ES8, in September and opened a Nio House in October last year. Nio Houses are experience centers for its car owners and house multiple facilities and services like a library and café. Just last week, Nio delivered its 500th vehicle in Norway.
Nio is now ready to expand in Norway and plans to open its second Nio House in the European country in the third quarter, according to an announcement made on the Norwegian version of Nio’s mobile app, CnEVPost reports. Two new showrooms and battery swap stations each in Norway this year are also in the pipeline.