GAC Group plans to invest USD 1 billion in NIO

15 January 2020, 06:23:08

GAC Group plans to invest USD 1 billion in NIOOn January 15, Chinese media reported that GAC Group plans to invest 1 billion US dollars in NIO. It is believed that with the launch and delivery of the NIO EC6, the brand's demand for funds will increase, and the next round of financing will become the focus of external attention. At the Q3 financial report meeting, the company's Chief Financial Officer (CFO) Feng Wei said that NIO has made significant progress in financing projects but related confidential information cannot be disclosed to the public. In 2019, NIO made a prolonged internal re-organization and significantly reduced its staff. Other company's that are rumoured to invest in NIO, in addition to GAC Group, are Geely and FAW Group. There were rumors that Great Wall wants to buy out NIO and/or take control over the company but NIO denied those rumors. On January 15, the share price of NIO rose over 19% in pre-market trading.Source

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EV Specifications

Complete specifications of EVs, grouped according to their brand and year

AudiBMWBytonChevroletDaciae.GOFIATFordHondaHyundaiJaguarKIAMazdaMercedes-BenzMGMININIONissanOpelPeugeotPolestarPorscheRenaultRivianSEATŠKODAsmartTeslaVolkswagenVolvo

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Specifications of some of the most interesting and anticipated EVs.

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Doors: 5, Seats: 5
Length: 182.5 in / 4635 mm
Width: 74.4 in / 1890 mm
Height: 63.2 in / 1605 mm
Location: Rear
Location: Front
Battery: 72.6 kWh, Voltage: 800 V

2022 Hyundai IONIQ 5

2022 Hyundai IONIQ 5 Long Range RWD

Doors: 5, Seats: 5
Length: 182.5 in / 4635 mm
Width: 74.4 in / 1890 mm
Height: 63.2 in / 1605 mm
Electric motor: 160 kW, 350 Nm, Location: Rear
Battery: 72.6 kWh, Voltage: 800 V

2022 Chevrolet Bolt EUV

2022 Chevrolet Bolt EUV Launch Edition

Doors: 5, Seats: 5
Length: 169.5 in / 4305 mm
Width: 69.7 in / 1770 mm
Height: 63.6 in / 1616 mm
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Electric motor: 150 kW, 360 Nm, Location: Front
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2022 Chevrolet Bolt EUV

2022 Chevrolet Bolt EUV Premier

Doors: 5, Seats: 5
Length: 169.5 in / 4305 mm
Width: 69.7 in / 1770 mm
Height: 63.6 in / 1616 mm
Curb weight: 3679.52 lb / 1669 kg
Electric motor: 150 kW, 360 Nm, Location: Front
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2022 Chevrolet Bolt EV

2022 Chevrolet Bolt EV Launch Edition

Doors: 5, Seats: 5
Length: 163.2 in / 4145 mm
Width: 69.5 in / 1765 mm
Height: 63.4 in / 1611 mm
Curb weight: 3589.13 lb / 1628 kg
Electric motor: 150 kW, 360 Nm, Location: Front
Battery: 65 kWh, Voltage: 350 V

2022 Chevrolet Bolt EV

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Doors: 5, Seats: 5
Length: 163.2 in / 4145 mm
Width: 69.5 in / 1765 mm
Height: 63.4 in / 1611 mm
Curb weight: 3589.13 lb / 1628 kg
Electric motor: 150 kW, 360 Nm, Location: Front
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2021 Volkswagen ID.3

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Length: 167.8 in / 4261 mm
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Electric motor: 110 kW, 310 Nm, Location: Rear
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2021 Volkswagen ID.3

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Length: 167.8 in / 4261 mm
Width: 71.2 in / 1809 mm
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Electric motor: 150 kW, 310 Nm, Location: Rear
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2021 Hyundai KONA Electric

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Width: 70.9 in / 1800 mm
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2021 Tesla Model 3

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Width: 72.8 in / 1849 mm
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2021 Tesla Model 3

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2021 Tesla Model Y

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2021 Tesla Model X

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2021 Tesla Model X

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