eastwest connect

NIO’s Hefei plants have resumed production, and 5 companies have been established in Hefei

NIO’s Hefei plants have resumed production, and 5 companies have been established in Hefei

NIO, which delivered 10,878 vehicles in September, not only failed to achieve a month-on-month increase in October, but even experienced a slight decline, delivering 10,059 new vehicles.

Thinking about the recently revealed factory shutdown of NIO, one may also realize that the most important hindrance that NIO needs to solve at the moment is production capacity.

However, on a positive note, the situation has been improved timely in Heifei. According to the Financial Associated Press, NIO’s production base in Hefei has resumed production.

Also, it is learned from Chinese media outlet Finance World, according to the Tianyancha App, at present, NIO Holding Co., Ltd. has established 5 companies in Heifei, Anhui, namely:
NIO Automobile (Anhui) Co., Ltd.;
NIO Automobile Technology (Anhui) Co., Ltd.;
NIO Automobile Sales Service Co., Ltd.;
NIO Insurance Brokers Co., Ltd.; and
NIO Battery Technology (Anhui) Co., Ltd.
The registered addresses of the above five companies are all located in Hefei Economic Development Zone Hengchuang Intelligent Technology Park. Among them, the insurance brokerage company and the battery technology company were established in January and October this year respectively.