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NIO EXPANDS ITS RECHARGING BUSINESS

KRASIA
Wednesday, July 17, 2019

NIO, a global manufacturer of smart, electric autonomous vehicles, is expanding its recharging services to allow owners of non-NIO EVs to access its recharging equipment in 53 cities. The company first went public on the New York Stock Exchange in 2018, raising $1 billion during its initial public offering. Previously, IDG Capital also joined the NIO’s Series B+ funding round. Based in Shanghai, the firm also has operations in Beijing, San Jose, London and Munich.

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