Automotive Jul 01, 2020 11:45 AM (GMT+8) · EqualOcean
GAC-NIO, the joint venture established by GAC and NIO in 2018 announced that they will close Pre-Series A in the second half 0f 2020. The amount and investors of this round are almost finalized. An insider claimed that the company will speed up EV developing and materializing when the money is ready. The company's first EV model, HYCAN 007, went on sale in April this year.
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