Tag: EV stock

Industry Focus Areas, Motorized Vehicle

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

August 31, 2020

Via: Automotive News

Nio Inc. boosted the size of its capital raising by almost 20 percent as investors rush stock sales by EV makers. The U.S.-listed, Shanghai-based firm sold 88.5 million American depositary receipts at $17 apiece, according to an emailed statement Monday. […]