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One of China's hottest electric car companies is planning a $1.8 billion IPO in the US Reuters/Aly Song Chinese EV start-up NIO filed for a US initial public offering on Monday worth up to $1.8 billion. The Tencent-backed electric car maker plans to list on the New York Stock Exchange under the symbol "NIO." NIO was founded in 2014 by Chinese entrepreneur William Li. Chinese electric vehicle start-up NIO on Monday filed for a $1.8 billion initial public offering of its American depositary shares, the biggest U.S. listing by a Chinese automaker. The company, backed by Chinese tech ...
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