Electric car start-up Nio loses Chief Development Officer

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Padmasree Warrior, chief development officer of electric car start-up Nio of China has decided to resign from her roles for personal interests. She also served Nio as CEO of their business in the States. Nio has yet to appoint a successor.

In a statement, both Ms. Warrior and Nio expressed that the separation was amicable. The executive had worked three years for Nio, so almost since the company’s founding in November 2014.

Nio began deliveries of the ES8, a 7-seater electric SUV in China from June 2018 and plans to launch ES6, a 5-seater electric SUV before the year’s end.

nasdaq.com, businessinsider.com

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