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

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

Morningstar says the lawsuit’s allegations are not expected to have material impact on the company’s operations Read more at ...

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%.

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

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 ...

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 ...

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 ...

SINGAPORE: Nio stock plunged more than 13 per cent on Thursday (Oct 16), on course for its biggest one-day drop in about six months, as investors fretted over the Chinese electric vehicle maker's ...

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

Singapore's GIC has filed a lawsuit in the United States against Chinese electric vehicle maker Nio for allegedly ...