Chinese Man Dies In Nio Crash

Lin Wenqin, the founder of Chinese brand Meiyihao, died in a crash while in an NIO ES8 sports utility vehicle. The collision is raising some concerns about autopilot functions and the safety of ‘smart’ electric vehicles. This is the second major crash in China involving a Nio electric vehicle. NIO’s ($NIO@China) stock was trading down as much as 5% on Monday morning, reaching $38.50 a share. Nio currently sells three SUV models in China, namely the ES6, ES8, and EC6. NIO has said that its autopilot features are ‘less aggressive’ than rivals to prioritize safety.