Nio today announced the completion of the offering of 136,800,000 class A ordinary shares at an offering price of HK$29.46 per share for a total of HK$4.03 billion.
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Category: Nio
CATL made the offer after announcing an investment of up to RMB 2.5 billion in Nio Power in March, according to Reuters.
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As of press time, BYD was down 11.15 percent, Nio 11.30 percent, Xpeng 11.40 percent and Li Auto 10.82 percent.
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Abu Dhabi-based CYVN Holdings creates strategic bridge between British supercar maker McLaren and Chinese EV manufacturer Nio
The post McLaren could utilize Nio technology for electric supercars appeared first on CarNewsChina.com.
A video and some pictures show more details of the L90 -- the second model of Nio's sub-brand Onvo.
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The president of Nio's second brand, Onvo , has stepped down, citing underperformance in sales for the highly anticipated Onvo L60.
The post Onvo president Alan Ai steps down as sales targets fall short appeared first on CarNewsChina.com.
Shen joined Nio in 2015 and is one of the company's earliest core management members.
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Shen Fei, Head of Nio Power, succeeds Ai as president of Onvo and reports to Nio co-founder and president, Qin Lihong.
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The monthly deliveries included 10,219 vehicles from the Nio main brand and 4,820 vehicles from the Onvo sub-brand.
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Nio Inc continues to offer five-year, zero-interest financing for car purchases in April, covering both the Nio and Onvo brands.
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