One member of Nio’s employees and an worker from a companion firm had been killed within the accident, the Chinese language electrical carmaker mentioned in a press release Thursday.
Each had been contained in the check car, which crashed on Wednesday afternoon on the Shanghai Innovation Park, Nio (NIO) mentioned in a Weibo submit. The corporate’s headquarters is inside the economic park.
It added that “in response to evaluation of the on-site state of affairs, we are able to preliminarily verify that it is an accident (not as a result of vehicle-related causes).”
Nio additionally mentioned it’s cooperating with a police investigation into the reason for the accident.
The corporate hasn’t responded to a request for extra remark by CNN Enterprise.
Nio’s assertion on the crash attracted not less than 78 million views on Weibo and greater than 1,700 dialogue posts. Movies circulating on-line present rescue employees in orange fits making an attempt to avoid wasting passengers within the automotive, which seems badly broken.
Based by Chinese language entrepreneur William Li in 2014, Nio has turn out to be one of many quickest rising electrical automotive startups in China, and certainly one of a number of homegrown rivals to Elon Musk’s Tesla.
Final yr, it delivered 91,429 automobiles, up 109% from 2020, in response to the corporate. For the primary 5 months of this yr, it delivered 37,866 items, up 12% from the identical interval a yr in the past.
Tesla was the highest vendor of pure EVs in China till April, when Covid lockdowns in Shanghai affected its gross sales and provide chains. China’s BYD (BYDDF), backed by Warren Buffett, overtook Tesla that month.
Nio listed its shares on the New York Inventory Change in 2018.