China's NIO Says 40% Of Its Store Managers Are Ex-Tesla

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Nio’s Onvo currently has 180 store managers in China, with 40% hailing from Tesla, Inc.(NASDAQ:TSLA) and 27% from Li Auto (NASDAQ:LI), according to Xia Qinghua, head of Onvo’s user and service operations, CnEV Post reports.

Earlier this May, NIO reportedly reached an agreement with larger competitor BYD Co., Ltd.(OTC:BYDDY) to obtain batteries for a new EV ...

NIO Inc.(NYSE:NIO) shares are trading higher on Thursday.

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Author / Journalist: Nabaparna Bhattacharya

Category: Technology

Markets: United StatesChina

Topics: Why it's moving Tech Benzinga Stories That Matter LI Mobility Briefs General Emerging Markets News NIO Markets Top Stories BYDDY Movers Electric vehicles TSLA EVs Equities AI Generated US88160R1014

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-19 @ 19:13:15 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 291 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22605853

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