![Shares of NIO have plunged 60 per cent since the company had its initial public offering in New York last year. AFP](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/2SLOYRMKTDVIOFFRLQPKPMP4KA.jpg?smart=true&auth=b41ae130a89b77fd2f47fd88c6e92373e9c2bc5b8c3f556564426ccef59f43cc&width=400&height=225)
Shares of NIO have plunged 60 per cent since the company had its initial public offering in New York last year. AFP
Shares of NIO have plunged 60 per cent since the company had its initial public offering in New York last year. AFP
NIO’s dazzling showrooms in peril as Tesla nears China launch
China's electric-car maker has accumulated a deficit of almost $6bn since its founding in 2014
Bloomberg
December 27, 2019