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Chinese carmaker NIO unfazed by European tariff uncertainties
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Chinese carmaker NIO unfazed by European tariff uncertainties
May 23, 2024 6:03 AM

AMSTERDAM, May 23 (Reuters) - Chinese electric car

manufacturer NIO plans to continue its European

expansion despite tariff uncertainties in the European Union,

the company's founder William Li said on Thursday, adding that

many complaints made by the EU do not make sense.

"Electric vehicles are very important for positive

development of the environment, they should never be used as a

political target," Li told reporters as NIO opened its first

showroom in Amsterdam.

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