NIO slightly backtracks plans to enter North America by 2025
Less than a week after NIO USA’s CEO shared intentions for the Chinese automaker to enter North America by mid-decade, he has spoke again saying the company is still actually “debating” market entry. NIO EVs coming to the US still feels imminent, but the executive relayed that the automaker will need plenty of help to do so, adding uncertainty to that 2025 timeline.
NIO ($NIO) remains one of the top names in EV innovation in China, whose reputation has since extended into new markets of Europe and…