Electric vehicle maker Nio eyes listing of new China entity
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(Reuters) - Electric vehicle (EV) maker Nio Inc's chief executive said it may list its new Nio China entity, as the cash-strapped company eyed a rebound after selling fewer vehicles during the coronavirus outbreak. Nio secured a 7 billion yuan (£804.78 million) investment in Nio China from state-controlled investors last month.It would make a comprehensive decision about a stock market listing based on capital market conditions, Nio's chief executive Li Bin said on an earnings call on..