Cryptopolitan on MSN
China’s EV maker Nio sued by Singapore over revenue inflation, stock crashes
Nio is being sued by Singapore’s GIC for allegedly inflating over $600 million in revenue through a hidden affiliate.
Singapore’s sovereign wealth fund has sued Nio in a US court, accusing the Chinese electric vehicle maker and executives of ...
The lawsuit, filed in the Southern District of New York, names Nio, its CEO Li Bin, and its former CFO Feng Wei as defendants ...
It it seeking damages arising from the purchase of 54.4 million Nio shares from 2020 to 2022 Read more at The Business Times.
MotorTrend on MSN
We Test Several Top Chinese EVs Against the Tesla Model 3! In China!
We traveled all the way to China to pit the Model 3 against top local competitors from Nio, Zeekr, Xiaomi, and one familiar ...
It’s accusing Nio of fraud via manipulation of battery ‘sales’; seeks damages for its purchase of 54 million Nio depositary ...
BYD and six other Chinese automakers are preparing to enter the Czech market, targeting both affordable and premium electric ...
GIC filed a U.S. lawsuit seeking damages from NIO, alleging that the Chinese electric-vehicle maker inflated the value of its ...
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