NIO and Green Car sign a cooperation agreement to enter the Azerbaijan market

NIO has signed a strategic cooperation agreement with its partner Green Car, announcing that it will officially start business in Azerbaijan and provide smart electric vehicle products and services to local users. According to the agreement, Green Car will become NIO's national general agent in Azerbaijan, serving local users through direct sales. NIO plans to officially start product delivery in Azerbaijan in the second quarter of 2025, providing NIO's full system of services to users in the Caucasus region.