<div id="readability-page-1"><blockquote><ul><li>Nio currently offers the ET5, ET5 Touring, ES6, and ES8 in Hungary.</li><li>Nio has commenced deliveries in Hungary, with the first vehicle being a Nio ES8.</li></ul></blockquote><figure id="attachment_135846"><img src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/01/2026012610420971.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1600" height="1200" original-src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/01/2026012610420971.jpg"/><figcaption id="caption-attachment-135846">(The Nio AutoWallis Showroom in Budapest opened on January 22, 2026, marking Nio's first distributor outlet in Hungary. Image credit: Nio)</figcaption></figure><p>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.</p><p>The Nio AutoWallis Showroom in Budapest opened on January 22 local time, marking a significant milestone for Nio in Hungary, the company announced Monday.</p><p>With the new showroom's inauguration, AutoWallis officially commences sales and service operations for Nio and Firefly vehicles in Hungary.</p>    <div>        <p><span>Join us on </span>            Telegram            <span> or </span>            Google News        </p>    </div><p>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.</p><p>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.</p><p><img src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/01/2026012610421630.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1600" height="1202" original-src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/01/2026012610421630.jpg"/></p><p>Firefly's sole model, the Firefly EV, is also displayed in the showroom.</p><p>On the opening day of the showroom, Nio delivered its first vehicle in Hungary — a Nio EL8.</p><p>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.</p><p>However, this proved challenging. Over the past two years, the company began shifting toward a more asset-light model relying on national distributors.</p><p>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.</p>    <div>        <div>            <p><img width="768" height="432" src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/01/2026011312424348-768x432.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/01/2026011312424348-768x432.jpg"/>                            </p>        </div>        <div>            <p>Nio vows to advance European operations following China-EU consensus</p>            <p>Nio said it is pleased to see China and the EU making steady progress toward consensus on the basis of mutual respect.</p>                    </div>    </div>                                                                                    </div>

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<p>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.</p>

- Nio Inc. has launched operations in Hungary, opening its first distributor store, the AutoWallis Showroom, in Budapest on January 22, 2026, and commenced vehicle deliveries.  
- Currently, Hungarian customers can purchase four models: the Nio ET5, ET5 Touring, EL6, and EL8, with the showroom also featuring Firefly's sole model, the Firefly EV.  
- Nio, which entered the European market in 2021, is shifting to an asset-light model with national distributors and aims to enhance its presence in Central Europe while operating a battery swap station assembly plant.

Nio opens 1st distributor store in Hungary as European expansion continues