NIO, once known as the “Chinese Tesla”, has been subsidized by Chinese local government for RMB$7 billion, which is almost the annual revenue of the company in 2019, yet it is unable to make up for the significant loss the company made last year. ...  more
How Long Will the RMB$7 Billion Investment from the Government Last for Chinese Electric Vehicle Manufacturer NIO? |
published 2020 年 05 月 07 日 12:00 |