NIO Details
Mar 7, 2020

The helplessness for NIO‘s two headquarters in Shanghai and Hefei

The Hefei municipal government is not the first choice of CEO Li Bin, but in the face of the survival crisis, he agreed to set up the China headquarters, local R&D, sales and production base, and domestic operation system in Hefei. However, the practice of Chinese local enterprises to locate their Chinese headquarters and global headquarters in two cities will undoubtedly reduce operational efficiency of enterprises, and will also lead to some business duplication, conflicts or waste of resources. Such a structure will add a lot of difficulties to the operation of NIO in the future.

Source: sohu