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Nio: No Interest in Brussels Audi Plant

Nio denies interest in Audi plant in Belgium.

The future of the Audi plant in Brussels remains uncertain. Nio is not interested. | Photo: Audi
The future of the Audi plant in Brussels remains uncertain. Nio is not interested. | Photo: Audi
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Gregor Soller

Nio was quick to deny: It took less than 24 hours after the Belgian newspaper "De Tijd" reported that a delegation from Nio allegedly visited the Audi plant in Brussels and was drafting a purchase offer.

Nio responded promptly and with a completely understandable stance: They have no plans to take over the Audi plant, especially since Nio is generally cautious about investments in fixed assets, with the exception of their own battery swap stations. Nio-CEO William Li concluded with the logical reasoning:

"How can Nio afford a factory that Audi cannot afford? The rumors are unfounded."

Background: The Volkswagen Group decided to stop building cars at the Brussels plant once the production of the Audi Q8 e-tron ends. This "end" could even be brought forward due to weak demand for the Q8 e-tron. The successor will come from Mexico.

In Brussels, 2,910 employees are in limbo and expressed their frustration: First, they took the keys from 200 completed Q8 e-tron vehicles, then they set fire to four car tires in front of the factory gate, symbolizing an Audi logo.

What does this mean?

High-wage manufacturing in a small plant that is not even centrally located from a pan-European perspective: It will likely be difficult for the Audi plant in Brussels to attract investors. Nio has clear reasons for not stepping in here.  

Translated automatically from German.
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