EV Brand NIO Responds to Rumors It Will Enter Smartphone Industry

Source: NIO

Leaks have emerged recently claiming Chinese electric vehicle firm NIO intends to enter the mobile phone industry. The reports allege that NIO has already formed a smartphone business division and is recruiting various personnel in the Qianhai Zone, Shenzhen. A Weibo user with username “@Laoban Lianbo” learned from sources on Tuesday that NIO…