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0 0 0 0 0 0.119533527696793 0.134110787172012 0.137026239067055
Stock impact report

Electric vehicle maker Nio says new China entity to draw investment of 7 billion yuan [Reuters]

NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO) 
Last nio inc. american depositary shares, each representing one class a ordinary share earnings: 3/18 07:30 am Check Earnings Report
Company Research Source: Reuters
Electric vehicle maker Nio says new China entity to draw investment of 7 billion yuan BEIJING (Reuters) - 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. In a statement, Nio said it would 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 Nio China, and investors the rest after the transactions are complete, it added. Show less Read more
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