Nio is adding an option to buy, not just lease, its cars in Europe on November 21

22 October 2022

Earlier this month, Nio officially unveiled the ET5, ET7, and EL7 for Denmark, Germany, the Netherlands, and Sweden, shocking everyone with its subscription-only sales model. Unlike in China and Norway, in these four countries Nio only allows people to lease vehicles, not buy them.

Unsurprisingly, a lot of prospective Nio customers were put off by this, and in the meantime Nio CEO William Li said the company was "open" to bringing an option to actually purchase its cars to Europe. And now this is official.

Starting on November 21, you will be able to configure a Nio for purchase in the aforementioned European countries. Why November 21? Because that's the sixth anniversary of the brand's launch in London together with the EP9 supercar.

Deliveries of cars that are ordered with the purchase option will begin in early 2023. More details on prices and services will be revealed on November 21 and not a day sooner.

Source