Articles Tagged with "NIO"

Geely rumored to plow $300 million in startup NIO
Geely rumored to plow $300 million in startup NIO

On Feb. 18, a "we media" platform exposed via its WeChat account that Geely, China's biggest indigeous automaker, plans to pump $RMB300 million in the EV startup NIO. As of press time, both NIO and Geely declined to comment.

Feb. 18 , 2020
NIO Announces Additional US$100 Million Private Placements of Short-term Convertible Notes
NIO Announces Additional US$100 Million Private Placements of Short-term Convertible Notes

NIO will issue and sell convertible notes in an aggregate principal amount of US$100 million to two unaffiliated Asia-based investment funds through private placement.

Feb. 15 , 2020
NIO Inc. Provides January 2020 Delivery Update
NIO Inc. Provides January 2020 Delivery Update

NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today provided its January 2020 delivery results.

Feb. 11 , 2020
GAC Group says report about its $1 billion investment in NIO is untrue
GAC Group says report about its $1 billion investment in NIO is untrue

GAC Group said the report about its plan of seeking $1 billion for investment in NIO is untrue.

Jan. 16 , 2020
GAC Group rumored to invest in startup NIO
GAC Group rumored to invest in startup NIO

Chinese state-owned automaker GAC Group is seeking to raise a fund worth of around $1 billion for future investment in the EV startup NIO, a local media outlet reported on January 15, citing people briefed on the plan.

Jan. 15 , 2020
BYD appoints former GM China president Kevin Wale as senior adviser
BYD appoints former GM China president Kevin Wale as senior adviser

BYD named Kevin Wale, former president of General Motors (GM) China, as a senior adviser to the electric car maker’s chairman, it said on January 13.

Jan. 14 , 2020