LPNEWS
Finally, one Chinese electric vehicle company has reached the critical moment of delivering its vehicles to face the real-life tests and inspections by consumers. NIO, a Shanghai-based EV unicorn with a reported valuation of between US$3 billion to US$5 billion, delivered its first batch of NIO ES8, a seven-seater electric SUV, today in Shanghai, NIO announced today. This came after NIO filed confidentially earlier this week for a planned U.S. initial public offering. The company did not say how many vehicles were delivered to customers today, but it said earlier that it planned to mass delivery vehicles sometime in the fall.

In this article