Chinese premium EV maker Nio has denied that it plans to establish a factory in Europe as the company moves to expand its vehicle sales in the region beyond Norway.
Chinese premium EV maker Nio has denied that it plans to establish a factory in Europe as the company moves to expand its vehicle sales in the region beyond Norway.
Suppliers have become more pessimistic about their financial outlooks and how globally competitive they are since tariffs have gone into place, MEMA data shows.