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Permalink | Email this | CommentsNIO offers short-term car rental for Chinese owners on European trips
The service will begin a trial run on July 1, with available vehicles being the ET7 and EL7 and a minimum order length of seven days.
(Image credit: NIO)
NIO (NYSE: NIO) will start a trial of a service next month that will allow its car owners in China the flexibility to rent the company's cars while traveling in Europe.
NIO's destination travel service in Europe will begin a trial run on July 1, and those interested can make reservations at that time, according to an article posted today on the NIO App.
The service will be available in Norway, Germany, the Netherlands, Sweden, and Denmark, covering 11 cities including Oslo, Berlin, Frankfurt, Munich, and Amsterdam.
NIO will offer two models, the ET7 and EL7, in the trial, but for now it is only available to NIO car owners.
The Chinese electric vehicle (EV) maker launched the ET7, ET5 and EL7 in Europe at the NIO Berlin 2022 event on October 7, 2022. The EL7 is known as the ES7 in China and is using that new name in Europe because of the lawsuit with Audi.
ET7 deliveries in Europe started in October 2022 and EL7 deliveries there started on January 31 of this year.
Owners wishing to use NIO's service must place an order 14 days in advance, with a minimum order length of seven days, at a price of 700 euros ($760) per week. Any use of the car beyond 7 days will be calculated at 100 euros per day.
The benefits provided by NIO for consumers of the service include battery swap service free of charge, free NIO House drinks, and 7*24 hours Chinese service.
NIO Houses are NIO's flagship showrooms, which function as a space to display and sell vehicles while providing a quality lifestyle for NIO owners. The company's showrooms also include the much smaller NIO Spaces.
NIO currently has six NIO Houses in Europe, located in Oslo and Kristiansand, Norway; Berlin, Frankfurt and Dusseldorf, Germany; and Rotterdam, the Netherlands.
NIO plans to start supporting the use of NIO Credits within its Chinese mobile app for NIO Houses overseas at the end of July, it said.
($1 = €0.9167)
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