Nio Merges Regional Management Roles with Onvo Brand Amid Cost-Cutting Effort
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Nio Merges Regional Management Roles with Onvo Brand Amid Cost-Cutting Effort
Chinese electric vehicle maker Nio has merged several regional management roles across its Nio and Onvo brands as it continues to reduce costs and streamline operations. According to a report by Sina Technology, Nio has appointed a single general manager to oversee both the Nio and Onvo brands in each region. Previously, the brands had separate managers for each territory. The general managers for Nio’s Tianjin and Dalian regional companies have…
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