ArenaEV.com ArenaEV.com

Facebook

Twitter

Instagram

RSS

Settings
Units
Power
Standard
Consumption
Currency

Log in

Login

I forgot my password
Sign up
ADVERTISEMENTS

Nio denies plans of taking over Audi's car plant in Belgium

  • Post your comment
  • Comments (7)

Ro, 20 September 2024

Audi Nio

Shortly after Audi announced its plans to close its car manufacturing facility in Brussels, Belgium, rumors started spreading that Nio is looking to acquire the factory. However, the company's CEO denied any such plans.

Nio won't be taking over Audi's car plant in Belgium after all

A report surfaced the other day claiming Nio will buy the factory after officials from the company visited the facility and submitted an offer. But after Nio's recent event unveiling the L60 under its sub-brand Onvo, William Li said the company is very cautious about acquiring fixed assets unless it's for battery-swapping stations.

Frankly, this isn't an outright denial of the company's plans but signals things aren't nearly certain.

Our best guess is that Nio is exploring other options as well in light of the EU's recent tariffs. Chinese carmakers are now scrambling to find manufacturing spots in Europe and start producing their vehicles on European soil to avoid import taxes. Nio, for example, already has a strong presence in some countries like Denmark, Norway, the Netherlands, Sweden and Germany, but it doesn't have local manufacturing operations.

Audi, on the other hand, doesn't have much time. Its plan is to close its Brussels plant next year after the last Q8 e-tron rolls out of the production line, which in turn could lead to 2,910 people losing their jobs.

Via

Related articles
  • Audi RS e-tron GT Performance - a  912 hp electric rocket debuts Audi RS e-tron GT Performance - a 912 hp electric rocket debuts
  • Cheapest Audi Q6 e-tron details revealed Cheapest Audi Q6 e-tron details revealed
  • Nio EL8 finally arrives in Europe Nio EL8 finally arrives in Europe
  • Real-world range test of Nio's 150 kWh semi-solid-state battery Real-world range test of Nio's 150 kWh semi-solid-state battery

Reader comments

y
  • yalim
  • xQF
  • 26 Sep 2024

not in EU but, those cars are manufactured to be sold in EU. there is no tax for the car manufactured in Turkiye and transportation to EU is easy. that is attractive.

  • Reply
?
  • Anonymous
  • 3Ts
  • 25 Sep 2024

Turkey is not in EU, so kind of pointless, unless It's not intended for EU market. If BYD doesn't want to shoulder the extra tariffs, then It needs to build something in the EU.

  • Reply
y
  • yalim
  • xQF
  • 24 Sep 2024

BYD will start manufacturing EVs in Turkiye. this factory can also manufacture Nio for a selected model. BYD's factory is the one which VW decided to settle 2 years ago but, they changed their plans later. so, BYD bought it recently. ford, toyot...

  • Reply
  • Read all comments
  • Post your comment
Total reader comments: 7

  • Home
  • Compare
  • News
  • Terms
  • Reviews
  • About us
  • Tesla
  • Volkswagen
  • Audi
  • Porsche
  • BMW
  • Mercedes
  • Hyundai
  • Kia
  • Genesis
  • Renault
  • Nissan
  • Ford
  • Volvo
  • Polestar
  • Jaguar
  • Toyota
  • Mazda
  • Mini
  • MG
  • Vinfast
  • Lucid
  • Rivian
  • Cadillac
  • Chevrolet
  • GMC
  • Subaru
  • Nio
  • Xpeng
  • BYD
  • [..]

EV finder

ADVERTISEMENTS

Latest models

  • ModelHyundai
    Ioniq 6 N
  • ModelXiaomi
    YU7 Max
  • ModelNissan
    Leaf 75kWh
  • ModelTesla
    Model S Plaid
  • ModelNissan
    Micra EV 52kWh
  • ModelTesla
    Model X Plaid

Featured

  • NCM, NCA, LFP, solid-state - EV battery chemistry explained NCM, NCA, LFP, solid-state - EV battery chemistry explained
  • Have electric cars gone power crazy? Have electric cars gone power crazy?
  • Audi Q8 55 e-tron alternatives - BMW iX xDrive50 and Polestar 3 LR Audi Q8 55 e-tron alternatives - BMW iX xDrive50 and Polestar 3 LR
  • Peugeot e-208 tops 84 cars in ADAC's 2024 Ecotest, Model 3 ranks fourth Peugeot e-208 tops 84 cars in ADAC's 2024 Ecotest, Model 3 ranks fourth
  • Polestar 3 edges Tesla Model 3 out in 24 vehicle winter range test Polestar 3 edges Tesla Model 3 out in 24 vehicle winter range test
ADVERTISEMENTS

Reviews

  • Mercedes-Benz EQE AMG 43 4Matic review Mercedes-Benz EQE AMG 43 4Matic review
  • Renault Megane E-Tech EV60 review Renault Megane E-Tech EV60 review
  • BMW iX2 xDrive30 review BMW iX2 xDrive30 review
  • 2024 Hyundai Kona Electric 65.4 kWh review 2024 Hyundai Kona Electric 65.4 kWh review

Home News Compare About us RSS feed Facebook Twitter Instagram

© 2022-2025 ArenaEV.com Mobile version EV Finder Glossary Privacy Terms of use

From the team behind
GSMArena.com