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Nio says 'Hefei customers can get 100,000 RMB subsidy for buying Nio' is fake news

By Phate Zhang
Jun 30, 2020 at 8:33 PM UTC
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Nio says 'Hefei customers can get 100,000 RMB subsidy for buying Nio' is fake news-CnTechPost

A Weibo user today said that the first 10,000 Nio customers who buy and apply for a license plate in Hefei will each get a 100,000 yuan cash purchase subsidy for the car. Nio responded by saying that the news is false.

Nio's sales staff also made it clear that the news is false, and the company has clarified it urgently and reminded customers to take the official information as the final word.

Nio says 'Hefei customers can get 100,000 RMB subsidy for buying Nio' is fake news-CnTechPost

On June 29, Nio announced that Nio (Anhui) Holdings Limited (Nio Anhui) had received RMB 3.3 billion in the first phase and RMB 1.5 billion in the second phase from Hefei Construction Investment Holding (Group) Co.

The remaining RMB 200 million from the first phase will be paid by the investors by September 30, 2020, in accordance with the agreed payment schedule.

As of June 29, the parties have substantially completed the capital injection of RMB7.356 billion as planned.

In addition, Nio has also completed the first phase of its capital injection of RMB1.278 billion and the second phase of its capital injection of RMB1.278 billion into Nio Anhui. In addition, Nio also completed the first phase of its RMB 1.278 billion equity investment in Nio Anhui and the second phase of its RMB 1.278 billion equity investment.

According to the data, Nio delivered 3,155 and 3,436 vehicles in April and May respectively.

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