EV startup NIO files for IPO
By Charles Morris NIO, the Chinese EV startup backed by Tencent Holdings, has filed for a US initial public offering, Bloomberg reports.
The Shanghai-based carmaker NIO (formerly known as NextEV) has submitted an initial confidential filing with the SEC, according to unnamed sources. The share sale, which could raise as much as $2 billion, …read more
Source:: https://chargedevs.com/newswire/ev-startup-nio-files-for-ipo/