Chinese electric carmaker Nio has filed for an initial public offering to sell its stock in the U.S., according to a Reuters report Tuesday. The company, which has built a Formula E race car, an exotic electric sports car, and an electric SUV for China, is looking to ramp up production and build a smaller, more affordable SUV. It will trade on the... Chinese electric carmaker Nio seeks public funding in US
Chinese electric carmaker Nio has filed for an initial public offering to sell its stock in the U.S., according to a Reuters report Tuesday. The company, which has built a Formula E race car, an exotic electric sports car, and an electric SUV for China, is looking to ramp up production and build a smaller, more affordable SUV. It will trade on the...
Another day, another electric vehicle from another startup carmaker in China enters the fray. The Chinese company Nio has now officially launched its first vehicle for the masses—an all-electric 480-kilowatt (644-horsepower) SUV to take on Tesla's Model X at just over half the price. The new model, called ES8, has a starting price of 448,000...