Shanghai-based EV maker Nio initiates restructuring to focus on cost control

News
Corporate developments
ATI News Team

Nio’s Founder, Chairman and CEO Li has stepped up his involvement in the company’s supply chain procurement projects

Chinese electric-car maker Nio is implementing a new organizational restructuring to focus more on cost control, with William Li, the company’s chairman and CEO, increasing his involvement in the supply chain management, according to a news report published by CnEVPost on March 10.

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