Nio becomes first Chinese automaker to go public in US

Nio Formula E race car, EP9, ES8 and Eve concept carElectric carmaker Nio became the first Chinese automaker to go public on the New York Stock Exchange on Wednesday. In August, the Nio [NYSE: NIO] announced that it hoped to raise $1.3 billion in its initial public offering. Trading in its opening day fell short of that at just over $1 billion. DON'T MISS: Chinese electric carmaker Nio seeks public...