Key Takeaways: Apollo Future Mobility is seeking to raise $27 million, and will allocate nearly half to repay debt and most of the rest for business development Revenue from its sale of jewelry and watches far exceeds that for its new energy car business By Li Shih Ta
Nio Gears Up To Produce Its Own EVs After Buying Partner's Factories (NIO) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Key Takeaways: Nio Inc. has obtained a production license and is taking over manufacturing facilities from JAC, the partner that has been making its vehicles under contract for seven years Nio’s latest earnings report shows positive trends in revenues, vehicle deliveries, gross margin and vehicle margin By Kevin Guo