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From Electrek: Electric vehicle startup NIO raises ‘up to $600 million’ in latest round led...

Discussion in 'News from Electrek.co' started by RSSFeed, Mar 27, 2017.

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    Electric vehicle startup NIO raises ‘up to $600 million’ in latest round led by Baidu

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    Chinese tech giant Baidu has confirmed having led a financing round in the electric vehicle startup NIO, formerly known as NextEV. The news comes just after the company unveiled its ‘EVE’ concept, an all-electric and autonomous vehicle.

    The round of investment is reportedly worth up to $600 million, which would make NIO one of the most, if not the most, well-financed electric vehicle startups today. more…

    Filed under: Uncategorized [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG][​IMG]

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