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Stock impact report

Nio, China rival to Tesla, says U.S. head to step down [Reuters (UK)]

NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO) 
Last nio inc. american depositary shares, each representing one class a ordinary share earnings: 3/18 07:30 am Check Earnings Report
Company Research Source: Reuters
Nio, China rival to Tesla, says U.S. head to step down | Reuters 2 Min Read SHANGHAI (Reuters) - The U.S. head of Nio Inc, an electric carmaker seen as one of the main Chinese rivals to Tesla Inc, will leave the company, the firm said in a filing on Friday, the first major management departure since its September IPO. Padmasree Warrior, chief executive officer of NIO USA and global chief development officer, will resign from her posts on Dec. 17 for “personal interests”, the company said. Warrior joined Nio, previously called NextEV, in 2015, and led the company along with founder and CEO William Li to become one of China’s most legitimate challengers in the global race to develop electric vehicles. Before joining Nio, Warrior was chief technology and strategy officer at Cisco Systems Inc and chief technology officer at Motorola. China is the world’s largest and fast-growing market for new-energy vehicles (NEVs), a category comprising electric battery cars and plug-in electric hybrids Show less Read more
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