China's new but successful electric vehicle maker, NIO, sells its shares in the US market.
The Chinese company NIO is planning to open up its stock market. The electric vehicle manufacturer has not tried to sell one of its vehicles in the US yet; He's going to sell his shares on the New York Stock Exchange.
The company is planning a $ 1.8 billion public offering to expand the company's production facilities and increase AR-GE.
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NIO, established as NextEV in 2014, wants to enter China's emerging electric vehicle market with a range of first-rate automobiles. Chinese technology company Tencent also supports NIO
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