The AutoWallis Group has acquired exclusive import rights for the electric vehicle brand NIO in Hungary, Austria, the Czech Republic, Poland, and Romania. Sales are expected to begin in the last quarter of 2025 in Hungary and Austria.
Founded in 2014 and headquartered in Shanghai, NIO operates a battery swap station production facility in Biatorbágy. The company was listed on the New York Stock Exchange in 2018, and its shares are also traded on the stock exchanges in Hong Kong and Singapore. NIO maintains development centers around the world, including an industrial design center in the UK, advanced autonomous driving software development hubs in California and Berlin, and an exterior and interior vehicle design center in Munich.
AutoWallis was one of the first companies to establish partnerships with popular Chinese brands such as BYD, MG, and Farizon. More recently, in collaboration with its Portuguese partner, the group agreed to the exclusive distribution of the XPENG brand in three countries in the region.