Electric carmaker NIO will replace the power battery pack

Electric carmaker NIO will replace the power battery pack

with an improved version for vehicles within the scope of the recall for free to eliminate safety hazards.

上海419品茶微信At least three NIO ES8 vehicles had self-ignition accidents in the past three months and the State Administration for Market Regulation has started investigating the vehicles in these incidents.

Apart from recalling vehicles with safety hazards, the company has also established a transdepartmental 上海419

investigation team to optimize the quality management system of their products in cooperation with supply chain partners.

上海419品茶微信By May this year, NIO had delivered over 170,000 ES8 vehicles, and the 70 kilowatt-hour battery packs produced after Oct 20, 2018, have been equipped with modules of the specification model NEV-P102, which has no safety hazards, the company said.

A senior lawyer said he is “very optimistic” about the future of China’s business envi

ronment, as the country is determined to develop an advanced intellectual property protection legal regime.上海419

“We are very optimistic about the future of China’s business environment,” said Eric Liu, managing

partner of Zhao Sheng Law Firm. The office is the British law firm Linklaters’ joint operating partner in China.上海419品茶微信

Despite the uncertainty caused by the trade conflict, which has put investment and consumption on hold, Liu said he believes “Chin

a will continue opening its economy up to international trade and cross-border inbound and outbound direct investment.”

“China has become increasingly innovative, and is determined to develop an advanced legal regime for IP prot

ection, and new protection mechanisms have already taken shape in the country,” he said in a written reply.

He believes China will step up its efforts in protecting the intellectual prope

rty rights of foreign investors, following the promulgation of the Foreign Investment Law.

Asked about his take on the China-US trade dispute, Liu said: “Although we have seen many uncertainties concerning the tra

de dynamics between China and the US, we still believe in the potential and vitality of trade and investment markets.”

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