NIO vehicle registrations in Germany collapsed by 88% during the first half of 2026.
A 30.7% combined EU import levy drove the downturn. This tax significantly widened the price gap between vehicles sold in Europe and those in China.
The company paused construction of new European battery swap stations for the remainder of 2026. Peter Seitz, head of product for the Firefly brand in Europe, has departed the company. These developments signal a major setback for the automaker's international growth strategy.