SHANGHAI, China, Nov. 29, 2018 (GLOBE NEWSWIRE) -- NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today announced that Ms. Padmasree Warrior, chief development officer of NIO and chief executive officer of NIO USA, Inc., has decided to resign from her roles with the Company for personal interests, effective from December 17, 2018.
Ms. Warrior said, “I am proud of all the accomplishments the NIO team has achieved. Personally, I am pleased to have had the opportunity to outline the technology vision and build a world class team in Silicon Valley. I look forward to seeing continued success of NIO in the future.”
“We want to express our thanks to Ms. Warrior for her service with NIO in the past three years. Ms. Warrior has contributed to our growth and development through her leadership and rich experience. We wish her the best in her future endeavors,” said William Li, founder, chairman and chief executive officer of NIO.
About NIO Inc.
NIO Inc. is a pioneer in China’s premium electric vehicle market, founded in November 2014. NIO’s mission is to shape a joyful lifestyle by offering premium smart electric vehicles and being the best user enterprise. NIO designs, jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Redefining the user experience, NIO provides users with comprehensive, convenient and innovative charging solutions and other user-centric services. NIO began deliveries of the ES8, a 7-seater high performance electric SUV in China from June 2018 and plans to launch ES6, a 5-seater electric SUV in late 2018.
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