In Tesla's shadow, China's NIO raises $1 billion from IPO: sources

Go back to In Tesla's shadow, China's NIO raises $1 billion from IPO: sources

NIO Inc. (NIO) Prices 160M ADS IPO at $6.26/ADS

September 12, 2018 5:52 AM EDT

NIO Inc. (NYSE: NIO), a pioneer in Chinas premium electric vehicle market, today announced the pricing of its initial public offering of 160,000,000 American depositary shares (ADSs) at a price to the public of US$6.26 per ADS for a total offering size of approximately US$1.0... More