Nio denies plans of taking over Audi's car plant in Belgium

20 September 2024
Nio is likely exploring other options as well.

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Anonymous, 25 Sep 2024Turkey is not in EU, so kind of pointless, unless It's not intended for EU market. If BY... morenot in EU but, those cars are manufactured to be sold in EU. there is no tax for the car manufactured in Turkiye and transportation to EU is easy. that is attractive.

  • Anonymous

yalim, 24 Sep 2024BYD will start manufacturing EVs in Turkiye. this factory can also manufacture Nio for a selec... moreTurkey is not in EU, so kind of pointless, unless It's not intended for EU market.
If BYD doesn't want to shoulder the extra tariffs, then It needs to build something in the EU.

BYD will start manufacturing EVs in Turkiye. this factory can also manufacture Nio for a selected model. BYD's factory is the one which VW decided to settle 2 years ago but, they changed their plans later. so, BYD bought it recently. ford, toyota, renault, fiat and togg already manufacture in Turkiye. automotive main-industry and sub-industry are really strong there.

  • Anonymous

Anonymous, 20 Sep 2024Belgium is costly. They are better off building something in eastern europe.True true
1. Workforce is costly
2. Many protective rules, that add (hidden) costs
3. Many existing, costly taxes
4. Taxes, especially local one, bear a negative outlook since the city/region level of debt has double during the exiting legislature, so companies should expect more/new taxes
5. Why building cars in a city/region that hates cars ?
6. Why building EV's in a city/region that never had any form of incentive for EV cars ?
Car industry is doomed in Brussels/Belgium, only import of cars from Zeebrugge harbor will remain.

  • DanT

Nio has manufacturing operations in Europe, in Hungary, but only for swap-stations (at the moment). Anyway, it does not make sense to have a facility in Belgium when you can make it in Romania/Bulgaria/Hungary/Croatia and pay a lot less for the workforce.

  • Anonymous

Anonymous, 20 Sep 2024Belgium is costly. They are better off building something in eastern europe.one of the bigger issues is many eu companies following americanism in business.
its not just vertical integration but mba'ing/mckinseying top heavy.

example - boeing commerical- they split/spun off internal sections to please politicans to get kickbacks
i mean its only boeing, airbus and somewhat embraer for now
but once another serious competitor starts ramping up in a real free market, bca is f'd.

  • Anonymous

Belgium is costly. They are better off building something in eastern europe.

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