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NIO-SW Denies Acquiring Audi Brussels EV Plant
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Li Bin, Chairman of NIO-SW (09866.HK), denied reports that NIO-SW will acquire Audi's factory in Brussels, Belgium, and said that he is not sure where the rumors are coming from. NIO-SW is rumored to be in the process of acquiring Audi's Brussels plant, which is Audi's first EV plant that mainly produces the Audi Q8 e-tron, and will offer a quote to Volkswagen by next Monday (23rd). However, Audi is planning to restructure the plant, which has been shut down since the beginning of September on sluggish sales. AAStocks Financial News |
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