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Tesla rival Nio plans Singapore research hub for AI, self-driving

Chinese EV maker lists on third market, following New York and Hong Kong

Nio operates a research center in Silicon Valley and is listed in New York, Hong Kong and now Singapore.   © Reuters

SHANGHAI -- Chinese electric vehicle maker Nio will establish a research and development center for autonomous driving and artificial intelligence in Singapore, in the Tesla rival's latest bid for digital talent.

Nio will collaborate with Singaporean science and research institutions on the new center, Chairman and CEO William Li said Friday in a video message for the automaker's debut on the Singapore Exchange that day.

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