UPDATE 2-Nio says new 7 bln yuan investment for cash flow, product development
A 7 billion yuan ($989
million) investment by investors into Nio China, a new entity
controlled by Chinese electric vehicle maker Nio Inc,
will smooth its cash flow and guarantee future product
developments, its CEO said on Wednesday.
million) investment by investors into Nio China, a new entity
controlled by Chinese electric vehicle maker Nio Inc,
will smooth its cash flow and guarantee future product
developments, its CEO said on Wednesday.
Posted by Reuters
