[Rumor Risk Rating]
❌ False
There is no credible evidence that **Nio has gone bankrupt in China**. In fact, Nio officially denied bankruptcy rumors that spread online, calling them “false information” and “maliciously” disseminated. The company has reported these rumors to the police and announced plans to pursue legal action to protect its reputation[1].
While Nio has faced significant financial and operational challenges, including a sharp decline in market value and past struggles near bankruptcy around 2020, the company remains active and is supported by major stakeholders, including the Chinese government and overseas investors[2][3][4]. Recent expert commentary suggests that Nio and other Chinese EV makers may need to restructure or merge for long-term survival, but **bankruptcy has not occurred**[4].
The current bankruptcy claims circulating online are unfounded and have been publicly refuted by Nio[1].