China's NIO changing its global strategy as U.S., EU tariffs loom - report

May 16, 2024 3:55 AM ETNIO Inc. (NIO) StockF, GM, LI, TSLA, XPEV, STLABy: Arundhati Sarkar, SA News Editor34 Comments
Chinese Electric Car Maker NIO Inc. Opens Trading On NYSE On Day Of Company"s IPO

Drew Angerer/Getty Images News

Chinese electric vehicle maker NIO (NYSE:NIO) is reportedly adjusting its approach to global markets, in light of geopolitical developments.

The company will still focus on China, and will persist in its initial aspiration to be a global company — “but our approach will have some change,”

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