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BottomBounce

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BottomBounce

Re: Eagleize post# 5601

Wednesday, 06/26/2019 9:23:16 AM

Wednesday, June 26, 2019 9:23:16 AM

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$NIO Nio Plant Venture Lands $1.5 Billion Investment. China’s Nio Inc will form a joint venture with Beijing E-Town International Investment and Development Co. Ltd which will invest 10 billion yuan ($1.45 billion) in the new entity, the EV maker. E-Town Capital will support a new manufacturing facility for Nio’s next-generation platform 2.0 (NP2) vehicles, it said, adding the parties are continuing to work towards a final binding definitive agreement on the investment. https://www.advancedmobilityproject.com/blog/post/nio-lands-15-billion-investment-

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