Back    Zoom +    Zoom -
NIO-SW Plans to Bid for Volkswagen AG Belgium Plant: Report
Recommend
4
Positive
3
Negative
0
NIO-SW (09866.HK) is preparing to bid for Volkswagen AG (VWAGY.US)'s one and only factory in Belgium, according to Chinese media.

NIO-SW visited the abovementioned plant in recent weeks, and began to prepare an offer, pursuant to the report. Volkswagen AG's Belgium plant is currently used to produce the Audi Q8 e-tron, with around 3,000 employees.

Related NewsBOCI Recommends Xiaomi, Geely, Nio for Autos, Still Upbeat on Li Auto's Mid-to-long Term Growth Outlook

AAStocks Financial News