Chinese EV maker NIO is planning secondary listings in Hong Kong and Singapore
Gone are the long waits at charging stations: Chinese electric-vehicle startup NIO is pioneering battery-swap systems, challenging Tesla and other rival car makers. Here’s how NIO and Tesla are racing for the world’s largest EV market in China. Photo illustration: Sharon ShiElectric-vehicle maker NIO Inc.
plans to list shares in Hong Kong, joining other Chinese businesses pursuing an additional listing outside New York as companies from China face the threat of being forced off American exchanges.alongside Tesla Inc. and China-based competitors such as XPeng Inc. and Li Auto Inc., both of which have listed shares in Hong Kong.
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