Chinese Tesla rival Nio files to raise $1.8 billion in US IPO
Chinese Tesla rival Nio files to raise $1.8 billion in US IPO
Tesla may be looking to go private, but Chinese rival Nio is going the other way after it filed to raise $1.8 billion in an IPO on the New York Stock Exchange. Nio was started in 2014, initially as NextCar, by Bin Li, an entrepreneur who founded online automo…