Expansion uncertain
As Nio opens a showroom in Amsterdam, there are also concerns about the brand’s future expansion in our part of the world. Nio CEO William Li warns against limiting supply.
None other than Nio CEO and founder William Li was in Amsterdam on Thursday to open a brand new showroom for his brand. There was a bit of a shadow over the party, because there is currently a lot of talk about Western import duties on Chinese cars. They are also lurking here in Europe. Li is clearly not happy about it and warns of the possible consequences. According to him, Nio could cut its intended European model range if hefty levies are imposed. The cheaper models that Nio wants to bring in this direction would especially suffer. That’s a sign Reuters on.
Those who would rather not see a competing Chinese car offering in Europe will undoubtedly be happy with Li’s statements. The Chinese CEO himself naturally finds it a pity that things seem to be going in this direction. According to him, it is even a bad thing for the world: “Electric cars are very important for the good development of our environment. They should therefore never be used as a political tool.”
– Thanks for information from Autoweek.nl