Home News and Analysis Deals & Exits Nio racks up almost 1bn: Reuters

Nio racks up almost 1bn: Reuters

Chinese electric vehicle maker Nio Inc has secured nearly $1 billion in funding, reported Reuters.

4 May 2020

Chinese electric vehicle maker Nio Inc has secured nearly $1 billion in funding, reported Reuters. The news wire noted that the investors included state-controlled Hefei Construction Investment Holding (Group) Co Ltd, CMG-SDIC Capital Management Co Ltd, and Anhui High and New Technology Industrial Investment Co Ltd.

Source: Reuters

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