Nio China unit to get 13.3 billion yuan from parent, investors
CHINESE electric vehicle (EV) maker Nio Inc plans to pump in 13.3 billion yuan (S$2.4 billion) into its China unit with a mix of its own cash and strategic investors’ funds, an injection amid an expansion of its charging infrastructure and battery-swapping technology.
Nio’s U.S.-listed stock shot up toward another double-digit gain on Monday, after a disclosure of a new big investment and a ...
China-based electric vehicle (EV) stock Nio (NIO) is roaring higher after a cash injection from its parent company ...
Nio may provide more information on the Onvo brand when it reports its September vehicle delivery results tomorrow morning.
Chinese stocks continue to rebound Monday following years of underperformance after China said it would allow homeowners to ...
A financial writer analyzes China's macro environment and NIO's financial updates, suggesting a positive outlook for the ...
Nio’s stock was surging Tuesday, as investors in the China-based electric vehicle maker cheered the stimulus measures China’s ...
Nio, which operates in a capital-intensive industry, is to receive a much-needed cash boost, which could come in handy amid ...
Nio ( NIO 12.80%) shares have been soaring this week. China has a plan for accelerating growth, and the electric vehicle (EV) ...
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