Nio's head of smart driving products and experiences says Onvo is set to will have surprises in smart driving.
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Nio's head of smart driving products and experiences says Onvo is set to will have surprises in smart driving.
The post Nio goes on hiring spree for Onvo sub-brand appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Nio lists 53 available positions for "New Strategic Business," with store managers and human resources specialists making up the bulk of the roles.
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Nio today announced changes to its board of directors, with two people appointed by CYVN Holdings joining and one person appointed by Tencent dropping out.
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The autonomous driving development and cockpit businesses of the Alps sub-brand are largely integrated with the Nio brand, with some businesses still operating independently, according to local media.
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In the letter, Li laid out his views on the competition in the EV industry in 2024, as well as Nio's priorities.
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Nio needs to continue to improve its financial performance to support the company's sustainable growth, and has a responsibility and obligation to put every penny of investor and shareholder money to good use, Li said.
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Nio's hardware chief Bai Jian has confirmed that he's taking over the phone business, and hinted that the Nio Phone may use the company's own image signal chips.
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The shake-up of the phone team doesn't mean the business will stop, and Nio will launch at least 3 generations of smartphones, according to local media.
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At the end of February, Li's stake in Nio was 10.5 percent, with 44.2 percent of the voting rights. CYVN will hold a 20.1 percent stake in Nio after its latest investment.
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Edison Yu's team believes that Nio can cut costs in five areas: battery cells, chip development, battery swap, dealer network, and phone.
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