Recently, it was reported that NIO is considering acquiring Audi's factory in Belgium as part of its strategy to establish local production in Europe and avoid tariffs imposed by the European Commission on imported Chinese electric vehicles.
On September 20th, NIO Chairman Li Bin stated in an interview with the Daily Economic News that NIO has no plans to take over the Audi factory and said, "Isn't this digging a hole for us? Audi can't even afford a factory, how can we afford it? I don't know where this information came from