NIO Inc. (NYSE: NIO), Tesla Motors, Inc. (NASDAQ: TSLA) – Nio faces a formal complaint from the family of a deceased entrepreneur over allegations he helped destroy and tamper with evidence: report
The family of a Chinese entrepreneur, who was killed in an accident while driving a Nio inc. (NYSE: NIO) SS8 vehicle with the autopilot function enabled, accused the electric vehicle maker of helping destroy evidence related to the crash, according to a report from Sina Tech (via cnEVpost).
What happened: The entrepreneur’s family Lin Wenqin provided two pieces of evidence to support their allegations to the police, the report notes.
Police have accepted evidence which includes a video as well as a recording of Nio staff admitting to private access to the vehicle, according to the report.
See also: How to buy Nio (NIO) shares
An attorney appointed by Lin’s family to represent the case reportedly said that a technician from Nio had private access to the vehicle to drive it without traffic police approval.
However, Nio denied having tampered with evidence or that his employees were summoned by police, the report added.
Why is this important: Lin’s death is the second fatal accident involving a Nio electric vehicle in China and has raised concerns about the safety of intelligent electric vehicles in the country.
Nio currently sells three SUV models in China, namely the ES6, ES8 and EC6. The company’s new premium electric sedan ET7, launched earlier this year, will begin delivery in the first quarter of next year.
The NOP (Navigation on Pilot) autopilot function is one of the features of Nio’s autonomous driving system, NIO Pilot. Nio said in June that the ET7’s autonomous driving or AD system is deliberately “less aggressive” than its rivals for putting safety first.
Nio’s rival Tesla Inc. (NASDAQ: TSLA) has also drawn increasing attention to the safety of its vehicles in China.
Price action: Nio shares closed up 1.7% in Friday’s session at $ 36.92.
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Photo: Courtesy of Jengtingchen via Wikimedia
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