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Nio To Enter Armenia Market With Fresh Approach - NIO (NYSE:NIO)
Benzinga· 2025-10-10 20:34
Nio Inc. (NYSE:NIO) reportedly plans to enter the Armenian market with a different approach. The EV company has inked a dealer agreement in Armenia, diverging from its usual approach of appointing distributors in overseas markets.Armenia's N-Motors, via a LinkedIn announcement, revealed it will introduce Nio vehicles into the landlocked Western Asian nation.CnEVPost reports that as an authorized dealer, it will sell both Nio and Onvo models and manage service operations independently.Also Read: China Tighte ...