New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to Deutsche Bank.
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New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to Deutsche Bank.
For details, please visit CnEVPost.
Neta has launched the Neta X SUV in Indonesia and said it is about to deliver its locally assembled vehicles to the first 500 owners.
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A CATL production site in Ningde, Fujian, where the company is headquartered, caught fire in one of the rare accidents in battery manufacturing.
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BYD is recalling 96,714 Dolphin and Yuan Plus vehicles in China starting September 30, for fire risk due to manufacturing process.
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Nio China receives RMB 3.3 billion in new investment from strategic investors in Hefei, and Nio will also invest RMB 10 billion to subscribe for newly issued shares in Nio China.
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