$NIO Inc (NIO.US)$
On December 29, a set of spy photos of a new nio SUV was exposed online, and the new model may be named "nio ES7". The new car is expected to be built on the nio NT2.0 platform, with a body size between ES6 and ES8, and will also have the layout of "lookout tower" lidar and two high-position cameras. The media speculates that the ES7 may be announced at the Beijing Auto Show in April next year and delivered in the second half of the year. Previously, Li Bin had stated that 3 NT2.0 new cars will be delivered in 2022, expected to be ET7/ET5/ES7.
On December 29, a set of spy photos of a new nio SUV was exposed online, and the new model may be named "nio ES7". The new car is expected to be built on the nio NT2.0 platform, with a body size between ES6 and ES8, and will also have the layout of "lookout tower" lidar and two high-position cameras. The media speculates that the ES7 may be announced at the Beijing Auto Show in April next year and delivered in the second half of the year. Previously, Li Bin had stated that 3 NT2.0 new cars will be delivered in 2022, expected to be ET7/ET5/ES7.
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$NIO Inc (NIO.US)$
NIO announced today that it has completed its previously announced market offering (“Market Offer”) of American Depositary Shares (“ADS”), with each American Depositary Share representing one share of the Company's Class A common stock. Through market-price sales, the Company has sold 53,292,401 shares of American Depositary Receipts and raised total revenue of $2 billion, net of approximately $26 million in commissions paid to distribution agents and certain issuance fees. The Company currently plans to use the net proceeds from market-price sales to further strengthen its balance sheet and for general corporate purposes.
NIO announced today that it has completed its previously announced market offering (“Market Offer”) of American Depositary Shares (“ADS”), with each American Depositary Share representing one share of the Company's Class A common stock. Through market-price sales, the Company has sold 53,292,401 shares of American Depositary Receipts and raised total revenue of $2 billion, net of approximately $26 million in commissions paid to distribution agents and certain issuance fees. The Company currently plans to use the net proceeds from market-price sales to further strengthen its balance sheet and for general corporate purposes.
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7