Written by Cláudio Afonso and Matilde AlvesEV maker Nio has tapped longtime executive Fei Shen to lead its mass-market brand Onvo, replacing Alan Ai after the unit missed key sales targets in early 2025. Fei Shen, formerly Senior Vice President of Nio Power, was confirmed as Onvo’s new chief shortly afterward. His previous role overseeing the company’s battery-swapping and charging infrastructure will be assumed by Nio’s Chief Financial Officer Stanley Qu, who now holds both titles. Shen’s Background Shen joined Nio in 2015 as its 274th employee, according to a 2022 interview with Automotive Powertrain Technology International. “I prefer to do more and say less because I believe action is key,” Shen said during a media roundtable in March 2023.