The Chinese automaker recently visited the facility where Audi builds the slow-selling Q8 e-tron and which faces closure
Chinese carmaker Nio is looking into buying Audi ’s underused Brussels plant in Belgium, reports say. Securing a European production base would enable Nio to avoid a 20 percent tariff on imports. The Brussels site is home to the Q8 e-tron, which Audi wants to kill off early due to slow sales.
Though the 20 percent tariff assigned to Nio’s vehicles is far less punishing than the 35 percent applied to SAIC, the company behind MG, it’s high enough to make shifting production to Europe look like a smart move. The Brussels plant hit the news recently when Audi told its almost 3,000 workers to brace themselves for two rounds of layoffs as it halted production of the electric Q8 SUV and its Sportback brother due to slow sales, and indicated that it might kill the model off early.
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