Nio China
Deutsche Bank gives positive read on Nio China's new financing
New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to Deutsche Bank.
Nio announces $470 million investment in Nio China from strategic investors
Nio China has received a new investment of RMB 3.3 billion from strategic investors in Hefei, and Nio will also invest RMB 10 billion to subscribe for newly issued shares in Nio China.
Nio says buyback of Nio China shares has nothing to do with the latter's IPO
Chinese electric carmaker Nio recently bought back and increased its stake in Nio China at a total cost of RMB 15.5 billion ($2.4 billion), which was seen by some as a move to prepare for Nio China's IPO. However, Nio has denied this.
Nio to acquire 3.305% of Nio China's stake for RMB 5.5 billion
Chinese electric vehicle maker Nio said today it entered into an agreement to purchase 3.305% of Nio China's stake for RMB 5.5 billion from two of the minority strategic investors that invested in Nio China in April 2020.
Nio officially opens its China headquarters in Hefei
Chinese electric vehicle (EV) maker Nio (NYSE: NIO) today announced the official opening of Nio China's headquarters in the Anhui Pilot Free Trade Zone.
Nio to raise its stake in Nio China to 86.5% from 84.5%
Nio said today that it will sign an agreement worth $600 million to subscribe for additional registered capital in Nio (Anhui) Holdings Limited.
Nio founder says China headquarters in Hefei is a reasonable choice
On February 25, the Nio SUV EC6 mass production project was launched at the Hefei Jianghuai Nio Advanced Manufacturing Base.
Nio China headquarters will be in Hefei, EC6 mass production starts
Nio signed a cooperation framework agreement with Hefei City, and leaders of Anhui Province and Hefei City attended the signing site. According to the agreement, the Nio China headquarters project will be settled in Hefei, Sina Tech reported on Tuesday.