In late January, NIO raised $650 million by issuing a convertible bond. The Shanghai-based battery-electric-vehicle startup, through a New York Stock Exchange listing, raised $1 billion last September. In total, it has pulled in over $3 billion in funding. The most recent round of fundraising is unlikely to be NIO’s last. Nor is the constant need for funds unique to NIO. To successfully manufacture a vehicle in China takes many ingredients, from an operational license to plants to an ...

Premium Content (PAID Subscription Required)

"Chinese EV Startups Drawing Investment From Internet Giants" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please click on the Contact Us button below.

Current subscribers, please login or CLICK for support information.

Already registered? here.