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Chinese electric vehicle startup

China startup NIO hires eight banks for up to $2 billion US IPO: Sources

China startup NIO hires eight banks for up to $2 billion US IPO: Sources

Wed, Feb 28, 2018

NIO`s proposed IPO of $1 billion-$2 billion comes as the firm, founded by Chinese internet entrepreneur William Li in 2014, seeks fresh capital to finance its expansion and investments in areas including autonomous driving and battery technologies, one of them said.  

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