Nio Inc (NIO)

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Nio Inc. Partners with UN on Clean Parks Initiative
By: Michael Elkins | August 15, 2022

Electric vehicle maker, Nio Inc. (NYSE:NIO) announced on Monday that it has joined with the United Nations Development Program (UNDP) to promote its Clean Parks platform. NIO launched its Clean Parks program late last year to help protect environmentally sensitive areas and has since secured some high-profile partners such as the World Wildlife Foundation.

According to a post by Nio on its mobile app, the EV company and the UNDP will work together to promote in-depth cooperation in environmental protection in nature reserves, youth empowerment, and the development of eco-investment standards.

William Li, founder, chairman and CEO of Nio, and Qin Lihong, co-founder and president of Nio, along with executives from UNDP and officials from China's Ministry of Ecology and Environment (MEE), attended the signing ceremony.

Nio and the UNDP expect the partnership to help the private sector to step up their efforts in biodiversity conservation and tackling climate change through the Clean Parks initiative.

"It's a great honor to have the United Nations Development Program on board to support the Clean Parks Initiative with Nio, to build a clean and low-carbon energy circulation system in nature reserves," said Nio founder William Li.

"Ecological protection and biodiversity conservation are high on the global and national agenda and I look forward to this partnership contributing to these priorities," said Beate Trankmann, UNDP resident representative in China.

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