March 25, 2023


Technology/Tech News – Get all the latest news on Technology, Gadgets with reviews, prices, features, highlights and specificatio

Niu: Two people were killed in a car crash on the ground of the Shanghai building

Niu: Two people were killed in a car crash on the ground of the Shanghai building

Hong Kong
CNN Business

Two people died this week when a Nio electric car crashed into the ground of the third floor of a Parking lot in Shanghai.

A Nio employee and an employee of a partner company were killed in the accident Chinese electric car maker He said in a statement Thursday.

The two were inside the experimental car, which crashed Wednesday afternoon in the Shanghai Innovation Park in Niu

He said in a Weibo post. company The headquarters is within the industrial zone.

“According to the analysis of the situation at the site, we can tentatively confirm that it was an accident (not for vehicle reasons),” she added.

Neo also said it was cooperating with the police investigation into the cause of the accident.

The company did not respond to a request for additional comment from CNN Business.

At least Niu’s statement about the accident attracted 78 million views on Weibo Over 1,700 discussion posts. Videos Online circulating shows rescue workers in orange suits trying to rescue passengers in the apparently badly damaged vehicle.

Founded by Chinese entrepreneur William Lee in 2014, Nio has become one of the fastest growing electric vehicle startups in China, and one of Elon Musk’s many domestic competitors to Tesla.

Last year, it delivered 91,429 vehicles, up 109% from 2020, according to the company. During the first five months of this year, 37,866 units were delivered, up 12% over the same period last year.

Tesla was the best-selling pure electric vehicle in China until April, when the Covid-19 shutdown in Shanghai It affected its sales and supply chains. Chinese BYD

backed by Warren Buffett, outperformed Tesla that month.

See also  The Federal Reserve begins shrinking its $8.9 trillion balance sheet to combat sky-high inflation

Nio listed its shares on the New York Stock Exchange in 2018.