Nio does not plan to build a plant in North America; it aims to import its premium EVs from China where most of its suppliers are.
A handful of China-made vehicles are on sale in the United States right now – the Buick Envision, Lincoln Nautilus, and Polestar 2 are just a few examples – but Chinese brands themselves have yet to penetrate the market. Blame steep tariffs, tense U.S-China relations and the general headaches of starting up a new brand in the world's toughest car market.
Iyer explained that after considering local production and even shortlisting three states for plants, Nio has reached the conclusion that it is too expensive to build factories in the United States. 'For our products, there are a lot of local suppliers in China who exclusively provide to us. They don't do business in the U.S.,' he said.
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