Norway: a new European battlefield for new car-building forces

On May 6, NIO announced its Norwegian strategy through an online live broadcast, and officially entered the Norwegian market. In terms of sales volume, NIO delivered 7,102 units in April, a year-on-year increase of 125.1%, maintaining a rapid development trend. This is the third time that NIO has overcome the impact of chip shortages and delivered more than 7,000 units per month during the year. As of April 30, NIO's cumulative delivery volume exceeded 100,000 units, reaching 102,803 units. NIO continues to make efforts to expand its sales and service network. As of April 30, NIO has opened 236 stores across the country, including 23 NIO Centers and 213 NIO Spaces. NIO is not a forerunner in entering overseas markets. According to data released by the European Automobile Manufacturers Association, the market share of electric vehicles in Norway ranks first in the world. Norway has become the first country in the world to sell more than half of all new electric vehicles.