...Source: https://cnevpost.com/2024/05/23/nio-to-continue-european-expansion-tariff-uncertainties/ Transcript: According to China EV Post, Nio is committed to expanding in Europe despite potential tariff uncertainties. William Li, Nio's CEO, criticized the European Union's complaints, describing them as nonsensical. Nio recently opened its first showroom in Amsterdam and plans to move its entire service system, including battery swap stations, to Europe. Nio's first overseas plant, the Nio Power Europe Plant in Hungary, produces battery swap stations and serves as a manufacturing and R&D center. As of now, Nio has 43 battery swap stations in Europe, with 15 in Germany. In China, the company operates 2,420 stations. On April 8, Nio opened a smart driving technology center in Germany, its first outside China. Despite the EU's anti-subsidy investigation, Nio remains focused on serving global customers. Li hinted at potential local production in Europe once sales reach a certain scale.