Nio is set to debut with its secondary listing on the Singapore Stock Exchange on May 20.
Electric vehicle maker $NIO Inc (NIO.US)$ will commence trading on the Singapore Exchange on Friday, May 20.
The China-based company, which is already listed in New York and since March, in Hong Kong, had on May 5 received its go-ahead for a secondary listing in Singapore from the SGX.
The company, founded in 2014, was joining two other China-based electric car makers $XPeng (XPEV.US)$ and $Li Auto (LI.US)$ .
[Risks]
The Ukraine war squeezed the supply chain and sent input prices spiraling upward.
The Covid resurgence in China hit domestic EV makers, including Nio.
[Opportunity]
With planned production to be as high as 600,000 cars and rapid expansion across Europe in 2022.
The company, founded in 2014, was joining two other China-based electric car makers $XPeng (XPEV.US)$ and $Li Auto (LI.US)$ .
[Risks]
The Ukraine war squeezed the supply chain and sent input prices spiraling upward.
The Covid resurgence in China hit domestic EV makers, including Nio.
[Opportunity]
With planned production to be as high as 600,000 cars and rapid expansion across Europe in 2022.
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Vince Moo : Nio will go worse. Most of Prc corp. listed in Singapore is scam.
BullRunner : I think in the long run NIO will do just fine.
Kel Tan : I don't trust a product that had taken a live before