Nio Team

  • Nio's job cut could save up to RMB 2 billion per year, says Deutsche Bank

    "While management still has a long way to go in restoring creditability among investors, this should be viewed as a meaningful step in the right direction," Edison Yu's team said.

  • Nio's battery, phone businesses likely to be hardest hit by layoffs, report says

    Most of Nio's businesses will see layoffs, with the battery and phone businesses likely to be adjusted the most, according to local media.

  • Nio lays out organizational optimization plan: To cut 10% of positions, emphasize on improving efficiency

    Nio said it will improve resource efficiency and defer or cut investments in projects that do not contribute to the company's financial performance in three years.

  • All employees hold Nio shares as of year-end 2022, ESG report shows

    Nio had 26,763 full-time employees at the end of 2022, including 26,366 in China and 397 overseas.

  • New report reveals why Nio periodically gets into tricky situations and how it defuses them

    Local media outlet 36kr has published an excellent story today that sheds light on why Nio is periodically in trouble and how it defuses its challenges.

  • New report reveals what steps Nio has taken to boost sales

    Nio is finally getting all-in on selling cars, making adjustments to its organizational structure, customer engagement, and sales team management to boost sales, according to local media.

  • Factbox: How many employees do Nio, Xpeng, Li Auto have?

    At the end of 2022, Nio had 26,763 full-time employees, higher than Li Auto's 19,396 and Xpeng's 15,829.

  • Former Xpeng exec joins Nio as head of navigation division, report says

    Former Xpeng Internet center vice general manager Liu Fanfan has joined Nio as head of the navigation and location services division, according to local media.

  • Nio becomes trending topic as former intern claims unfair treatment after sexual assault

    A female former intern claims she was treated unfairly after being sexually assaulted while working at Nio. The company issued a clarification, but it was challenged by the lady.

  • Nio replaces head of vehicle engineering to speed up R&D, report says

    The move by Nio is aimed at further focusing resources, speeding up vehicle development and efficiency to increase leverage for future competition, according to local media.