Nio CEO mulls Europe output to offset EU tariffs on China-made EVs

NIO battery swap station in Sarpsborg, Norway Arc 2024.jpg — A Nio awaits a battery swap in Norway. The Chinese automaker would need to reach annual sales of 100,000 in Europe to make adding a plant in the region viable, CEO William Li said. (NIO)

Last Updated

January 08, 2025 11:35 AM

GUANGZHOU, China — Nio CEO William Li sees localizing production in Europe as a possible way to combat higher EU tariffs on models shipped from China, but the electric vehicle maker will need to boost sales in the region first.

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