Tesla challenger Nio in strategic funding talks with Guangzhou Automobile

Tesla challenger Nio in strategic funding talks with Guangzhou Automobile

Nio Inc released the flagship smart electric SUV ES8 at Shenzhen Bay Sports Centre on December 28, 2019. Source: Visuals from the company website

Tesla challenger Nio Inc said on Wednesday it was exploring financing and strategic opportunities with Chinese automaker Guangzhou Automobile Group, but the talks were in a preliminary stage.

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