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Alan Ai today announced that he is no longer president of Onvo, a sub-brand of Nio (NYSE: NIO).

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Shen Fei, Head of Nio Power, succeeds Ai as president of Onvo and reports to Nio co-founder and president, Qin Lihong.

Onvo president Alan Ai explained in an interview why deliveries have fallen short of expectations, and the lessons he and his team have learned.
Mar 18, 2025
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