NIO Inc.'s multi-brand strategy, including ONVO and FIREFLY, diversifies its customer base and supports sustained growth in a ...

Nio shares fell 12% on concerns of a revenue lawsuit filed by Singaporean Wealth Fund GIC Pvt Ltd in New York Southern ...

NIO ( NYSE: NIO) is on watch on Thursday after Singapore sovereign wealth fund GIC filed a major lawsuit against the Chinese ...

The recovery comes a day after the counter dived as much as 13.8% amid allegations of inflated revenue Read more at The ...

Singapore's GIC sued NIO for allegedly inflating stock prices through a battery company deal, sending shares down 13%.

GIC claims Nio improperly recognized more than $600 million in revenue through Weineng, calling the firm superficially independent but effectively under Nio's control. The complai ...

Two Singapore-listed firms face US sanctions over alleged links to Cambodia crypto scams and illicit Iranian oil trade, ...

Singapore’s sovereign wealth fund GIC has sued electric vehicle company Nio Inc for allegedly inflating its revenues.

Nio Inc. shares plunged after Singapore’s Government Investment Corporation filed a lawsuit in a U.S. court, alleging the Chinese electric-vehicle maker and its executives inflated revenue through a ...

Nio shares jumped 6.8 per cent to $6.73 as at 9.14am, after plunging 9.5 per cent the previous day. Read more at straitstimes ...

The lawsuit, filed in the Southern District of New York, names Nio, its CEO Li Bin, and its former CFO Feng Wei as defendants ...