--- title: "Nio opens 1st distributor store in Hungary as European expansion continues" type: "News" locale: "en" url: "https://longbridge.com/en/news/273688630.md" description: "Nio has opened its first distributor store in Hungary, the AutoWallis Showroom in Budapest, marking a significant step in its European expansion. The showroom, which began operations on January 22, 2026, offers four models: ET5, ET5 Touring, ES6, and ES8. Nio aims to solidify its presence in Central Europe and has commenced vehicle deliveries, starting with the Nio ES8. The company is shifting towards a distributor model to enhance its operations in Europe, supported by a local battery swap station assembly plant." datetime: "2026-01-26T10:44:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273688630.md) - [en](https://longbridge.com/en/news/273688630.md) - [zh-HK](https://longbridge.com/zh-HK/news/273688630.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/273688630.md) | [繁體中文](https://longbridge.com/zh-HK/news/273688630.md) # Nio opens 1st distributor store in Hungary as European expansion continues > - Nio currently offers the ET5, ET5 Touring, ES6, and ES8 in Hungary. > - Nio has commenced deliveries in Hungary, with the first vehicle being a Nio ES8. (The Nio AutoWallis Showroom in Budapest opened on January 22, 2026, marking Nio's first distributor outlet in Hungary. Image credit: Nio) Nio Inc (NYSE: NIO, HKG: 9866) opened its first distributor store in Hungary as the Chinese electric vehicle (EV) maker continues to advance its European operations. The Nio AutoWallis Showroom in Budapest opened on January 22 local time, marking a significant milestone for Nio in Hungary, the company announced Monday. With the new showroom's inauguration, AutoWallis officially commences sales and service operations for Nio and Firefly vehicles in Hungary. Join us on Telegram or Google News This will help further solidify Nio's footprint in the central European market, bringing premium smart electric mobility to more Hungarian users, the company said. Currently, Hungarian customers can experience and purchase four Nio models: the Nio ET5, Nio ET5 Touring, Nio EL6, and Nio EL8. The EL6 and EL8 correspond to the ES6 and ES8 models sold in China. Firefly's sole model, the Firefly EV, is also displayed in the showroom. On the opening day of the showroom, Nio delivered its first vehicle in Hungary — a Nio EL8. Nio entered the European market in 2021, with Norway as its first stop. It initially adopted a direct sales model in Europe, aiming to replicate its service model from China overseas. However, this proved challenging. Over the past two years, the company began shifting toward a more asset-light model relying on national distributors. In Hungary, Nio operates a battery swap station assembly plant to support its European site deployment. The plant saw its first battery swap station roll off the production line in September 2022. Nio vows to advance European operations following China-EU consensus Nio said it is pleased to see China and the EU making steady progress toward consensus on the basis of mutual respect. ### Related Stocks - [Hwabao WP CSI Intelligent Electric Vehicle ETF (516380.CN)](https://longbridge.com/en/quote/516380.CN.md) - [Hua Xia CSI New Energy Vehicles ETF (515030.CN)](https://longbridge.com/en/quote/515030.CN.md) - [First Trust S-Network Fut Vhcl&Tech ETF (CARZ.US)](https://longbridge.com/en/quote/CARZ.US.md) - [Max Auto Industry 3X Leveraged ETN (CARU.US)](https://longbridge.com/en/quote/CARU.US.md) - [Global X Atnms & Elctrc Vhcls ETF (DRIV.US)](https://longbridge.com/en/quote/DRIV.US.md) - [Guinness Atkinson Smart Trans & Tch ETF (MOTO.US)](https://longbridge.com/en/quote/MOTO.US.md) - [NIO Inc (NIO.US)](https://longbridge.com/en/quote/NIO.US.md) - [NIO-SW (09866.HK)](https://longbridge.com/en/quote/09866.HK.md) - [NIO Inc (NIO.SG)](https://longbridge.com/en/quote/NIO.SG.md) ## Related News & Research - [Nio launches updated '5566' lineup with unchanged starting prices to defend market share](https://longbridge.com/en/news/281466269.md) - [Nio Firefly sets Apr 7 for EV upgrade to sustain sales momentum](https://longbridge.com/en/news/281601076.md) - [Nio ES8 deliveries reach 16,255 in Mar, purchase incentives extended](https://longbridge.com/en/news/281447428.md) - [Nio to hit 90,000th delivery of third-gen ES8 this week](https://longbridge.com/en/news/281126944.md) - [NIOX streamlines share schemes with block listing update and cancellations](https://longbridge.com/en/news/281553982.md)