On Friday, Chinese electric car manufacturer NIO Inc (NYSE:NIO) celebrated a milestone with the shipment of the company’s first battery swap station produced by the company’s Power Europe Plant. The station, produced by NIO’s first overseas plant in Hungary, was shipped to Germany for installation. NIO Power is the company’s network of battery swap stations, power home, power mobile and super chargers.

NIO’s co-founder and president Qin Lihong said that it only took seven weeks from July 29, when we announced the start of production. That’s truly remarkable. Located in Biatorbagy, the new 107,000 square foot facility will supply battery swap stations to the company’s European network, supporting NIO’s ambition to install 1,000 battery swap stations outside China by 2025.

The plant would also be a leading research and development centre for NIO Power Europe and will serve as the company’s training, operations and maintenance centre. NIO intends to increase its investments in Hungary and develop an operation centre to implement its strategies in the European markets.

Europe Plant of NIO Power has an area of approximately 10,000 square meters. Being NIO’s first factory overseas, it serves as the centre of manufacturing, service and R&D for NIO’s power products and services in Europe.