In October, state-owned JAC put up for sale the assets at the two plants, known as F1 and F2, where Nio has been producing its electric vehicles (EVs). Nio said in an exchange filing on Tuesday that it would take some fixed assets and equipment at the two factories from JAC at a price of 3.16 billion yuan (USD 442.19 million).
Nio's EV-Making Partner Puts Factory, Other Assets Up for Sale bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
MSCI to add 29 Chinese securities to its index chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.