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August 14, 2018 11:58 am GMT

Chinese Tesla rival Nio files to raise $1.8 billion in US IPO

Tesla may be looking to go private, but Chinese rival Nio is going the other way after it filed to raise $1.8 billion in an IPO on the New York Stock Exchange. Nio was started in 2014, initially asNextCar, byBin Li, an entrepreneur who founded online automotive services platform Bitauto. The companyis backed by Chinese […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/YJ5JAc_FMc8/

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