Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Companies China's NIO heads opposite way to 'rival' Tesla with New York listing IPO aims to raise $1.8bn as Elon Musk hints at going private By focusing on high-end vehicles, Nio has positioned itself as China's answer to Tesla.
TAKENORI MIYAMOTO, Nikkei staff writer August 15, 2018 13:13 JST | China
NEW YORK -- Chinese electric-vehicle startup NIO aims to raise up to $1.8 billion through its initial public offering in the U.S.
The company, which often cites Tesla as its main rival, filed plans to list on the New York Stock Exchange with the U.S. Securities and Exchange Commission on Monday.
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