Nio ES8 SUV burst into flames after a collision, and the driver is dead
This is the second fire incident involving NIO EV in less than 2 months. The last was a battery swap station fire on June this year in Jiangmen, Guangdong Province. That fire also raised safety concern and I didn't see any follow up.
Quote:
On August 1, 2023, a Nio ES 8 SUV was involved in a traffic accident in Yiwu City, Zhejiang Province, China, resulting in a fire. The vehicle’s driver was a 52-year-old woman, the founder of a catering start-up.
As electric vehicles (EVs) become more widely adopted, concerns about their safety have been raised. In June 2023, a separate incident occurred in Zhejiang Province, China, where a Volkswagen ID.4 vehicle collided with a stone. Shockingly, within less than 3 seconds, the car rapidly caught fire, leading to the tragic death of all four occupants.
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ZnWC
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I reflect trading experience by writing journals. My posts and comments are for education purpose not financial advice.
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ZnWC OP : NIO Inc. ADR NIO slipped 4.38% to $14.63 on Tuesday (1 August).
贾跃亭铁粉 ZnWC OP : So what does it have to do with Xiaopeng's fall
ZnWC OP 贾跃亭铁粉 : They are all EV companies
DreamyLucid : Battery swapping problem?
ZnWC OP DreamyLucid : Not sure if it is the battery quality or the installation. This is a problem when too many parties touch the battery, no one will admit fault when it caught fire. I put the link at the bottom, you can read the details.
DreamyLucid ZnWC OP : Seems like a safety concern regarding battery swap
ZnWC OP DreamyLucid : And I couldn't find any follow up after the fire. Now Nio said they will investigate and tell us not to speculate.
Aomori 贾跃亭铁粉 : The market is turning down due to US superconductivity
MonkeyGee : Have you seen the Telsa video running down people at high speed?