Chinese electric car manufacturer NIO’s ET7 sedan. Photo: AFP
China’s NIO sells US$1.3 billion worth of convertible notes as electric car maker’s ADS hits all-time high in New York
- NIO’s American depositary shares hit an all-time closing high of US$62.70 a piece on Monday
- NIO launched a mass production electric car on Saturday with what could be the world’s farthest driving range
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Chinese electric car manufacturer NIO’s ET7 sedan. Photo: AFP