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0 -0.00127438231469444 0 0.00117035110533164 -0.0195058517555267 -0.0252535760728219 -0.0427048114434331 -0.0442132639791937
Stock impact report

Nio shares surge after it secures $1 billion investment [Yahoo! Finance News]

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
NIO ES8 electric SUVs are seen displayed at the second media day for the Shanghai auto show in ShanghaiBy Yilei Sun and Brenda GohBEIJING ) - Nio Inc's shares jumped more than 14% on Wednesday after it said it had secured a 7 billion yuan $989 million) investment in Nio China, a new entity controlled by the Chinese electric vehicle maker.The new investment will will smooth its cash flow and guarantee future product developments, Chief Executive William Li told a news conference, adding it will not impact its existing partnerships with Changan [SASAGG.UL] and GAC or the ownership structure of its New York-listed company.The investors include state-controlled Hefei Construction Investment Holding Group) Co Ltd, CMG-SDIC Capital Management Co Ltd, and Anhui High and New nology Industrial Investment Co Ltd.Nio makes ES8 and ES6 electric sport-utility vehicles in the eastern city of Hefei with state-owned JAC. The plant has capacity to build 120,000 cars annually. Nio sold 20,500 cars last Show less Read more
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