Nio US

Nio is considering "any kind of partnerships" in North America, the company's US CEO Ganesh Iyer said.

"My goal, and my commitment to this company, is I want all of us to buy a Nio car from our personal paycheck one day," Nio US CEO Ganesh Iyer said.

Li questioned why Chinese companies face hurdles in selling high-tech cars to US consumers, while Tesla's Musk was given the red-carpet treatment by senior Chinese officials last month.

"We can't let the people who are learning from us run faster than us," William Li said.

Nio's plant in the US may initially adopt a CKD (Completely Knocked Down) or SKD (Semi Knocked Down) form of production, local media said, citing an industry source.

This is a normal relocation of the US office and will use a more spacious office building with more common areas for employees, Nio said.

The property is located on the same campus as Nio's existing US headquarters building, and Nio has signed a 10-year lease.

Nio's William Li previously said that if Nio were to enter a market, it would think ahead about how to ensure a good user experience.

A shipping document posted on Reddit shows that Nio sent a total of 40 tons of cargo to the United States, sparking speculation that the Chinese electric car maker may be setting up a showroom in the country.

Yu said they currently assume no contribution from US sales in their 2025 earnings forecast and reaffirmed his $70 price target on Nio.