Electric vehicle maker Nio's new China entity to draw investment of 7 billion yuan [Yahoo! Finance News]
NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO)
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Source: Yahoo! Finance News
NIO ES8 electric SUVs are seen displayed at the second media day for the Shanghai auto show in ShanghaiBEIJING ) - Strategic investors will inject 7 billion yuan $989 million) into Nio China, a new entity controlled by Chinese electric vehicle maker Nio Inc, the firm said on Wednesday.The new investment will boost product development and research, Chief Executive William Li told a news conference, adding that the firm would consider expanding capacity in the eastern city of Hefei if sales demand grew.In a statement, the firm said Nio will inject its core businesses and assets in China, which are valued at 17.77 billion yuan, into Nio China and invest 4.16 billion yuan in it.Nio will hold 75.9% of the new firm, and investors the rest, once transactions are completed.The headquarters of Nio China are planned to be located in the Hefei Economic and nological Development Area.In February, Nio said it signed framework agreements with the Hefei city government to raise funds in excess of 10
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NIO
News
- NIO (NYSE:NIO) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- NIO Inc. Provides November 2025 Delivery Update [Yahoo! Finance]Yahoo! Finance
- NIO Inc. Provides November 2025 Delivery UpdateGlobeNewswire
- NIO Inc. (NYSE:NIO) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year [Yahoo! Finance]Yahoo! Finance
- NIO (NYSE:NIO) had its price target raised by analysts at Barclays PLC from $3.00 to $4.00. They now have an "underweight" rating on the stock.MarketBeat
NIO
Earnings
- 11/25/25 - Beat
NIO
Sec Filings
- 12/1/25 - Form 6-K
- 11/25/25 - Form 6-K
- 11/12/25 - Form 6-K
- NIO's page on the SEC website