SHANGHAI — The head of Chinese electric vehicle maker Nio said he hoped all governments could have an open attitude rather than be isolationist, after the European Commission launched an anti-subsidy probe into Chinese-made EVs.
William Li made the comments at a media round table on Thursday after the launch of Nio's first smartphone.
He said lessons to be learned from China's new energy vehicle development were to be open and welcome competition to benefit users and global sustainable development.
"As a public company in the private sector, we are still losing money and the selling price in Europe is not low," Nio President Qin Lihong said at the same event.
"We hope that the market environment can be simpler, let the market be the market. As an entrepreneur, I hope that governments and the private sector can guide the NEV sector positively."