Nio Job Postings Suggest Plans for U.S. Expansion By Investing.com

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Nio Job Postings Suggest Plans for U.S. Expansion

Stock Markets May 27, 2022 07:39AM ET

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Nio Job Postings Suggest Plans for U.S. Expansion

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By Michael Elkins

According to a recent local report by Yicai, electric vehicle company, Nio Inc (NYSE:NIO) is hiring for positions related to making vehicles in the United States. The positions suggest that the company may be looking to build a new factory in the country.

The company's current U.S. footprint includes a self-driving R&D center in San Jose, California. However, the company said in response to questions, that it had no disclosable information about building a factory in the U.S.

NIO is hiring for positions including overseas manufacturing campus planning specialists, body process specialists for overseas projects, overseas planning and infrastructure specialists, and overseas logistics project managers.

"NIO is supposed to have the intention of building a plant in the U.S. The position requires knowledge of U.S. state policies and subsequent involvement in plant site selection in the U.S.," Yicai quoted a person who has been involved in plant construction for Chinese car companies on several occasions as saying.

"We are certainly a Chinese company, but also a company founded and supported by global resources, with our colleagues coming from more than 40 countries," said William Li, founder, chairman and CEO in a December 19 interview.

NIO's vehicles are currently produced at the JAC-NIO Advanced Manufacturing Base in Hefei, Anhui province, and the company's second plant in NeoPark in the central Chinese city is under construction.

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Comments (2)

Anthony Hernandez May 31, 2022 6:41PM ET

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John Laurens May 27, 2022 7:56AM ET

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Nio Job Postings Suggest Plans for U.S. Expansion

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