Visual StoriesKEY STAT | Cash-craving Nio issues second round of convertible notes in 2020Is Nio facing the risk of running out of cash? 2 mins read
The company plans to raise over USD 1.4 billion for setting up headquarters in Hefei. NewsCHINA BRIEF | Nio announces private placement of USD 235 million convertible notes1 min read
Facing weak sales and dwindling funds, Nio is now fighting for survival. VideosVideo | China’s Tesla challengers: Will Nio live up to its hype?1 min read
The deal was first reported by a Chinese media outlet on February 18. NewsCHINA BRIEF | Nio denies rumors of USD 300 million investment from Geely1 min read
The company plans to raise over RMB 10 billion (USD 1.4 billion) for this project. NewsCHINA BRIEF | Nio to establish China headquarters in Hefei as it launches EC6 production1 min read
The Chinese EV manufacturer is also expecting a reduction in February sales. NewsNio reports 11.5 % delivery slump as coronavirus disrupts production2 mins read
The US-listed company’s stock slumped 7% after the announcement. NewsNio to issue USD 100 million in convertible notes amid slow progress in fundraising2 mins read
But none of them fulfilled their sales targets for the year. NewsThese were the top three Chinese EV startups by sales in 20192 mins read
Nio’s shares surged over 17% on the New York Stock Exchange on Wednesday. NewsChinese automaker GAC in talks with Nio over potential USD 150 million investment2 mins read
NewsDeals in brief: Osome extends Series B round, Kasagi Labo lands pre-Series A funding, Husk bags USD 5 million from Mekong Capital, and more
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