Tag: Nio’s shares

Industry Focus Areas, Motorized Vehicle

Nio joins race for cash with share sale

December 11, 2020

Via: Automotive News

Chinese electric-vehicle maker Nio Inc. joined the rush for fundraising among new-energy vehicle manufacturers, capitalizing on a 11-fold increase in its share price this year to boost its coffers. The manufacturer is selling 60 million American depositary shares in a […]

Industry Focus Areas, Motorized Vehicle

Higher EV demand drives Tesla-rival Nio’s quarterly sales beat, shares rise

December 30, 2019

Via: Reuters

Revenue jumped nearly 22% to 1.7 billion yuan from a year earlier on sales of 4,196 units of ES6 model in the quarter and 603 units of pricier ES8- a seven-seater sport-utility electric vehicle widely seen as a rival to […]