NIO is seeking a deal with investors that would invest billions of yuan in its spin-off NIO Power. It highlighted the challenges of delivering EVs amid fierce competitions from local rivals like Xpeng Motors and WM Motor, and phasing-out subsidies in China.
China’s New Nasdaq Approves Three Firms, All Profitable
by Feng LinyanJun. 6, 2019
EqualOcean is a leading industrial tech media and investment research company that focuses on technological and industrial innovation in China.
We aim to assist Chinese entrepreneurial enterprises to break into the global market and provide overseas investors, VCs, and enterprises with a deeper understanding of China's business environment and to seize opportunities in China.