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Nio China Unit to Get $1.9 Billion from Parent, Investors

Chinese electric vehicle maker Nio Inc. plans to pump in 13.3 billion yuan ($1.9 billion) into its China unit with a mix of its own cash and strategic investors’ funds, an injection amid an expansion of its charging infrastructure and battery-swappin


  • Sep 29 2024
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(Bloomberg) — Chinese electric vehicle maker Nio Inc. plans to pump in 13.3 billion yuan ($1.9 billion) into its China unit with a mix of its own cash and strategic investors’ funds, an injection amid an expansion of its charging infrastructure and battery-swapping technology.  Read More

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