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NIO-SW Pours US$18.9B Raised Globally into CN Smart EV Industry Development
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NIO-SW (09866.HK) (NIO.US) founder, chairman, and CEO William Li said on a program that a key reason investors are willing to invest in NIO-SW is the company's financial transparency, which is crucial for global investors, according to the Shanghai Securities News. Li also noted that investors can see NIO-SW's funds are spent on technology R&D, energy infrastructure, and brand building, which can be considered an investment. NIO-SW has invested US$18.9 billion raised globally in China's smart electric vehicle (EV) industry and undertaken many open initiatives in the Chinese automotive industry chain to create resources that others can directly use, Li added. The company has also nurtured a lot of talent, both internally and through collaboration with industry chain partners for innovation. AAStocks Financial News |
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