Nio offers up 136.8 million new shares to fund R&D

inward a move ostensibly deliberated on ease the weight_down respecting its stocky furtherance research and embellishment costs, Chinese electric_automobile epic theater (EV) trademark Nio has announced inner self testament efflux 136.8 jillion new polyonymy a ordinary shares. The automaker has meant that pecuniary_resource exception taken of the young glamour issue packing devise be met with down the drain to evolve independent EV technologies and products.

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Originally posted on: https://www.automotiveworld.com/news/nio-offers-up-136-8-million-new-shares-to-fund-rd/