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NIO Lido President Announces Resignation: Unmet Expectations Lead to Fulfillment of Commitment
2025-04-02 /
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Author：小编
The President of NIO Lido, Ai Tiecheng, has officially resigned following his inability to meet the set sales targets. Last November, during the Guangzhou Auto Show, Ai Tiecheng made a bold pledge, stating that if the Lido L60's production capacity did not reach 20,000 units by March 2025, he would step down from his position. However, official data from NIO revealed that in March of this year, the Lido brand delivered merely 4,820 new vehicles. True to his word, within 24 hours of this revelation, Ai Tiecheng announced his resignation.
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