On July 5, 2024, Nio Inc announced that Mr. Feng Wei will resign as Chief Financial Officer due to personal and family reasons. Mr. Feng has made many contributions to the company since 2019, and the company expresses its gratitude and wishes him a smooth future. Nio's board of directors has approved the promotion of current Senior Vice President of Finance, Mr. Qu Yu, as the new Chief Financial Officer. Mr. Qu joined Nio in 2016 and has held financial leadership positions at multinational companies such as Lear Corporation and Johnson Controls, and worked for a decade at PwC. He holds a master's degree in accounting from Shanghai University of Finance and Economics and a bachelor's degree in accounting from Peking University. The board of directors believes he is a suitable candidate. Nio is a leader in the high-end intelligent electric automobile market, committed to creating a pleasant lifestyle, and launched its second brand, Lede in May 2024.

On July 5, 2024, Nio Inc announced that Mr. Feng Wei will resign as Chief Financial Officer due to personal and family reasons. Mr. Feng has made many contributions to the company since 2019, and the company expresses its gratitude and wishes him a smooth future. Nio's board of directors has approved the promotion of current Senior Vice President of Finance, Mr. Qu Yu, as the new Chief Financial Officer. Mr. Qu joined Nio in 2016 and has held financial leadership positions at multinational companies such as Lear Corporation and Johnson Controls, and worked for a decade at PwC. He holds a master's degree in accounting from Shanghai University of Finance and Economics and a bachelor's degree in accounting from Peking University. The board of directors believes he is a suitable candidate. Nio is a leader in the high-end intelligent electric automobile market, committed to creating a pleasant lifestyle, and launched its second brand, Lede in May 2024.