Monday, August 31, 2020

NIO boosts size of share sale by 20% amid EV stock frenzy

The $1.5 billion raised in NIO’s latest stock offer will be partly used to increase the company’s interest in NIO China. Funds will also be spent on R&D into autonomous driving technologies as well as other general corporate purposes.

 



from Section Page News - Automotive News https://ift.tt/2G5uT4K

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