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At the end of February, Li's stake in Nio was 10.5 percent, with 44.2 percent of the voting rights. CYVN will hold a 20.1 percent stake in Nio after its latest investment.
The post CYVN to become Nio's largest shareholder, while William Li to retain most voting rights appeared first on CnEVPost.
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BYD has caught up with Tesla's 17 percent share of the global BEV market in the third quarter and is expected to overtake Tesla as the global leader in the fourth quarter, Counterpoint Research said.
The post BYD catches up with Tesla in global BEV market share in Q3 appeared first on CnEVPost.
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