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Nio Subsidiary Boosts Registered Capital More than Tenfold
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Nio Subsidiary Boosts Registered Capital More than Tenfold
Nanjing NIO Energy Co., Ltd., a subsidiary of the EV maker Nio, has raised its registered capital from 20 million yuan ($2.8 million) to 250 million yuan ($34.4 million), an increase of about 1,150%. According to corporate data platform Qichacha, the company was founded in July 2017 and has Wu Yan as its legal representative. Its business scope includes the planning, design, research and development, construction, sales and operation of intellig…
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