EV start-up Nio secures $1 billion investment
Chinese EV start-up Nio has announced that it has secured a US $1 billion (7 billion yuan) investment from several state-owned companies in Hefei, China.
Chinese EV start-up Nio has announced that it has secured a US $1 billion (7 billion yuan) investment from several state-owned companies in Hefei, China.
The Nio ES8, developed with Tata Technologies, will be available with an optional upgrade with which it will be able to deliver a range of 850+ km.