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Chinese EV carmaker NIO raises $650 million via convertible bond

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Chinese EV carmaker NIO raises $650 million via convertible bond
Electric carmaker NIO Inc, one of the main rivals to Tesla in China, raised $650 million in a five-year convertible bond on Thursday, aiming to use the proceeds to fund expansion.


from Reuters: Technology News https://reut.rs/2UuT4vj
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