NIO’s ES8 electric sport utility vehicles are seen on display during the Shanghai Auto Show in April of last year. Photo: Reuters

Cash-strapped Tesla challenger NIO signs preliminary deal for US$1.4 billion funding

  • NIO founder and chief executive William Li Bin vows to continue the electric car maker’s efforts to raise more external financing
Topic |   Electric cars
NIO’s ES8 electric sport utility vehicles are seen on display during the Shanghai Auto Show in April of last year. Photo: Reuters
READ FULL ARTICLE