EV MAKER NIO MAY LIST CHINA ENTITY

Highlights:

• The Electric Vehicle (EV) maker Nio Inc. may list its new Nio China entity as the company has experienced a rebound amid coronavirus pandemic.
• Nio has secured 7 billion yuan which is equivalent to a $989 million investment in Nio China.
• The total revenue of Nio in the first quarter Q1 stood at 1.37 billion yuan which is equivalent to $191.46 million.

The ele....