October 8, 2021
Chinese new energy vehicle (NEV) makers are marching into the global market, unanimously choosing Norway as their first stop even though it is a limited market of just over 5 million people.
- Dubbed as one of Tesla's Chinese challengers, NIO opened its first brick-and-motor store outside of China, in Oslo center at the end of September.
- The Warren Buffett-backed Chinese car company BYD delivered its first batch of 100 all-electric Tang SUVs to customers in the Scandinavian nation in August, with plans to deliver another 1,400 units by the end of the year.
- NIO's peer company XPeng delivered 100 electric vehicles (EV) to Norwegian customers last December, and plan to sell another 200 this year.
These are the three most prominent examples. Other Chinese car brands are also making a splash in the market. Here's why!
(Sources: China Report)



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