Nio expands in Germany, Netherlands and Sweden after China accelerates EV sales via subsidies

CNBC Television published this video item, entitled “Nio expands in Germany, Netherlands and Sweden after China accelerates EV sales via subsidies” – below is their description.

CNBC’s Eunice Yoon reports on news around Nio’s latest product launch.

CNBC Television YouTube Channel

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About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

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China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes Tibet and Hong Kong. The capital is Beijing.

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Germany, officially the Federal Republic of Germany, is a country in Central and Western Europe. It lies between the Baltic and North seas to the north, and the Alps to the south.

Germany is a federal parliamentary republic led by a chancellor. With over 83 million inhabitants of its 16 constituent states, it is the second-most populous country in Europe after Russia, as well as the most populous member state of the European Union. Its capital and largest city is Berlin, and its financial centre is Frankfurt; the largest urban area is the Ruhr.

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The Netherlands, informally Holland, is a country primarily located in Western Europe and partly in the Caribbean, forming the largest constituent country of the Kingdom of the Netherlands. In Europe, it consists of 12 provinces that border Germany to the east, Belgium to the south, and the North Sea to the northwest, with maritime borders in the North Sea with those countries and the United Kingdom. In the Caribbean, it consists of three special municipalities: the islands of Bonaire, Sint Eustatius and Saba. The country’s official language is Dutch, with West Frisian as a secondary official language in the province of Friesland, and English and Papiamentu as secondary official languages in the Caribbean Netherlands. Dutch Low Saxon and Limburgish are recognised regional languages (spoken in the east and southeast respectively), while Sinte Romani and Yiddish are recognised non-territorial languages.

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Sweden is a Scandinavian nation with thousands of coastal islands and inland lakes, along with vast boreal forests and glaciated mountains. Its principal cities, eastern capital Stockholm and southwestern Gothenburg and Malmö, are all coastal. Stockholm is built on 14 islands. It has more than 50 bridges, as well as the medieval old town, Gamla Stan, royal palaces and museums such as open-air Skansen.

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