July 3, 2022

Neo: Two killed in car crash from Shanghai building

An employee of Neo and an employee of the partner company were killed in the crash Chinese electric car maker Said in a statement on Thursday.
The two were inside a test vehicle that crashed in Shanghai Discovery Park on Wednesday afternoon. Neo (NIO) Weibo said in the post. Of the company The headquarters are located inside the industrial park.

“According to the analysis of the on-site situation, we can confirm in advance that this is an accident (not due to vehicle related reasons),” it added.

Neo also said he was cooperating with a police investigation into the cause of the crash.

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

Neo’s report on the crash attracted the least attention 78 million views வெய்போவில் And more than 1,700 discussion posts. Videos Rescue workers dressed in orange try to rescue the occupants of the car, which appears to have been badly damaged.

Founded in 2014 by Chinese businessman William Lee, Neo has become one of the fastest growing electric car startups in China and one of Elon Muskin’s domestic competitors for Tesla.

Last year, it delivered 91,429 vehicles, up 109% from 2020, the company said. In the first five months of this year, it delivered 37,866 units, up 12% from the same period a year earlier.

Until April, when the coveted lockdown in Shanghai would take place, Tesla was the largest seller of pure EVs in China. Affected its sales and distribution chains. Of China BYD (BYDDF)With the support of Warren Buffett, he overtook Tesla that month.

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