Nio: Two killed as car crashes to ground from Shanghai building
It added that « according to analysis of the on-site situation, we can preliminarily confirm that it’s an accident (not due to vehicle-related reasons). »
Nio also said it is cooperating with a police investigation into the cause of the accident.
The company hasn’t responded to a request for additional comment by CNN Business.
Founded by Chinese entrepreneur William Li in 2014, Nio has become one of the fastest growing electric car startups in China, and one of several homegrown rivals to Elon Musk’s Tesla.
Last year, it delivered 91,429 vehicles, up 109% from 2020, according to the company. For the first five months of this year, it delivered 37,866 units, up 12% from the same period a year ago.
Nio listed its shares on the New York Stock Exchange in 2018.