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NIO

NIO reportedly recruiting positions to build a US manufacturing plant

According to a report out of China, EV automaker NIO is hiring a number of positions related to manufacturing vehicles in the US. The recruitment descriptions suggest the Chinese automaker intends to begin planning and erecting EV production facilities on US soil that may begin with either complete knock down (CKD) or semi-knock down (SKD) assembly methods. NIO ($NIO) is an EV automaker originally founded in China in 2014 that has established itself as one of the leading electrified brands, originally beginning…

Nio Singapore listing approved as threat of NYSE delisting rises

Nio said its application to list its share on the Singapore Exchange had been approved as the Chinese electric vehicle (EV) manufacturer eyes hedging the potential risk of being delisted in the US. Nio listed its shares on the New York Stock Exchange as part of its initial public offering (IPO) in 2018. It also listed shares on the Hong Kong Stock Exchange in March of this year, albeit without a public offering of its shares. But there is…

Chinese EV maker Nio proposes a secondary listing in Singapore

Nio is planning to list its shares in Singapore. This would be the Chinese electric carmaker's third listing location, following its IPO in New York and a secondary listing in Hong Kong.Costfoto | Future Publishing | Getty ImagesChinese electric carmaker Nio said Friday that it's planning a secondary share listing in Singapore.Nio, which is listed on the New York Stock Exchange, also carried out a secondary listing in Hong Kong in March. Singapore would be the third exchange that Nio's shares are trading on.The move comes…

NIO is allowing customers enrolled in battery swaps to opt out and buy their EV batteries

Two years after launching its Battery-as-a-Service (BaaS) model, NIO has amended its program to allow those customers enrolled in battery swaps to opt out and purchase their EV battery. NIO states that its decision is based off feedback from consumers who regret their BaaS enrollment, but explains this group remains relatively small. NIO ($NIO) is an EV automaker founded in China in 2014 that has since established itself as one of the leading electrified brands, beginning with its line of electrified SUVs.…