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In 50 Words: Nio mulls teaming up with European dealerships to boost sales
Nio, the Chinese manufacturer of electric vehicles, is reportedly considering teaming up with dealerships in Europe to help increase sales. The decision came as the brand’s European sales fell short of expectations.
This move may also help Nio in introducing Firely – its forthcoming, budget-friendly EV brand – into European markets in 2025, amid the prospective imposition of tariffs on Chinese EVs.
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