
NIO's Global Business Major Adjustment: Setting Up Eight New Departments
Recently, NIO has carried out a new round of organizational adjustments and personnel appointments for its global business.
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Recently, NIO has carried out a new round of organizational adjustments and personnel appointments for its global business.
On August 22, a number of employees from NIO, a Chinese electric vehicle company, confirmed to media that the company issued an internal letter stating that it will continue with layoffs. The letter reveals that NIO is planning to retain 7,500 people by the end of September.
The company will also consider cooperating with a local manufacturer to build a factory in Europe, but NIO first needs to increase its sales in Europe, says Li Bin.
Wh battery version (625 kilometers) is priced at ¥426,000 ($59,000). They also announced that a 150kWh battery pack (930 kilometers) will be launched in July.
JAC stated that the cooperation with NIO will continue to deepen, with a shift in focus from traditional OEM business to other strategic areas such as jointly building battery swapping service networks.
On June 1st, it was reported that with the arrival of June, the second half of 2023 officially began and various car companies have experienced explosive growth. Today, Li Auto announced its delivery data for May 2023.
China’s leading electric vehicle (EV) start-up NIO Inc. released its first electric sedan with self-driving technology during the firm’s fourth NIO Day last Saturday in Chengdu, taking the fight to Telsa.
Electric car maker NIO found itself in a real hassle when Megatronix, a newly-founded electric car software company, started poaching its employees.
In Ep. 22 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about electric carmaker NIO, which went public on September 12 on the NYSE. This episode cove...
Both BYD and NIO have denied that they will establish a joint venture company.
Shen Fei, the Senior Vice President of NIO Power, indicated that the charging time for extended-range vehicles is twice as long as battery electric vehicles.
On October 24th, NIO announced that it has built a total of 600 battery swapping stations on highways.