Nio Poland

Edison Yu's team noted that Nio had $7.3 billion in cash at the end of the third quarter, enough to allocate some of that to a medium-sized European plant.

Nio told CnEVPost that the company has no plans to set up a factory in Poland and that a previously circulated job ad was a technical error.

Nio will enter at least five European countries next year, all offering NT2-based products.