Chinese EV maker Nio looks at expansion abroad - News Summed Up

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Chinese EV maker Nio looks at expansion abroad


Take a look at the new NIO ES8, a luxury electric SUV from China. Nio, founded in 2014, pushed back foreign plans due to the coronavirus pandemic, Li told reporters. Ng Han Guan/AP Nio Chairman William Li speaks during an event at the company flagship store in Beijing. Nio, whose early investors included Chinese tech giants Tencent, Baidu and Lenovo, has struggled financially, but Li said the company is more stable as sales improve. SUPPLIED Watch the NIO EP9 set a lap record for an autonomous car at the Circuit of the Americas.


Source: Stuff August 20, 2020 22:16 UTC



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