![NIO to promote battery leasing and replacement services in Europe](https://eastwestconn.com/wp-content/uploads/2022/09/120_00.png)
It is learned from Chinese media, in order to expand the European electric vehicle market, NIO will promote battery leasing and replacement services there. Currently, NIO is looking for a corresponding asset management company in Europe to advance this business. NIO said that through the battery replacement service, users can get a fully charged battery in a few minutes, thus saving time-consuming charging period.