The Chinese Empire strikes back

17 August 2018

The Chinese company NIO Inc. intends to supplant the stock exchange, Tesla Inc.

New electric car company NIO Inc., actually a subsidiary company of the technology giant Tencent Holdings Ltd. applied on the new York stock exchange for an IPO worth $1.8 billion, in order for her application to compete (under the exchange nickname NIO) with company Tesla Inc.

The first production electrocreaser Nio ES8 has already fallen into the hands of customers, which, by the way, you can take the battery lease, saving ¥100 000 ($15 000)

Chinese manufacturers of electric cars including NIO are looking for money to develop new products and expansion of business, as representatives of the world's largest automotive market, which gives the most unambiguous signals for the transition to battery vehicle (NEV) in an attempt to reduce environmental pollution and reduce the dependence of China on imported oil. The boom in the market of electric vehicles has spawned a clutch of startups from China willing to take take on the traditional automotive industry, but also Tesla owned by Elon Musk, naprotiv, intends to turn his business into a private company by the Way, in many ways, the Mask goes on this step because of the need for American public companies is literally quarterly report to shareholders and speculators on the financial results of its activities, that unnerving and shareholders, and management, and customers of the brand Tesla.
IPO NIO Inc. is carried out under the leadership of such giants of the banking and financial sectors of the us economy as Morgan Stanley, Goldman Sachs Group Inc., JP Morgan Chase & Co., Bank of America Corp., Deutsche Bank AG, Citigroup Inc., Credit Suisse Group AG and UBS Group AG.

Chinese "Tesla"
The move of the Chinese company's exit from its shares on the stock market USA accounts at that time, when Musk is busy creating the Gigafactory Shanghai in Shanghai (contract signed July 10) to win a place in the sun on the most attractive in the world Chinese electric vehicles market, where the Chinese government offers to NEV (except for electric vehicle BEV and plug-in hybrids, PHEV, this segment also includes electric vehicles, fuel cell FCEV) are very attractive incentives for buyers. The billionaire said that he plans to buy the loss-making company at $420 per share, valuing Tesla Inc. overall, $82 billion.

Electrocreaser executed on platform double wishbone front suspension and multilink rear, and air suspension and monobloc Brembo brake calipers on the front axle are included in the basic equipment.

The company NIO Inc., founded by William Lee and a group of Internet entrepreneurs began to sell its first electrocreaser ES8 in December 2017, three years after the founding of the company. The price tag on the electric vehicle starts ¥448 000 ($65 000) before accounting for subsidies and incentives. four-wheel drive electrocreaser have two electric motor with total return 480 kW and 840 nm. Acceleration up to hundreds of takes 4,4 s, and one full charge (NEDC cycle) enough km. 355 the capacity of the Battery 70 kWh, aimed at 2000 charging cycles. Moreover, the owners of Nio can use replaceable batteries! For ¥1280 ($193) a month, they can get access service change the batteries to fresh in just three minutes, as well as a network of fast charging stations and cloud-based service that brings together owners, electric vehicles and service centers, and technical support for roads.

In the package Nio ES8 included: projection on the windshield, adaptive cruise control and emergency auto brake for city motion

Originally branded dealerships Nio were only in Beijing, but by 2020 the company intends to expand to nine Chinese cities, which will act as 1100 points quick change batteries, and 1200 charging stations.

At a constant speed of 60 km/h battery capacity enough to 500 km. This contributes to the excellent streamlining, so CX=0,29

The company, formerly known as NextEV appeared in numerous startups in China after the introduction of extended benefits. In January, based in Nanjing, the company Byton agreed with the former management of BMW AG, becoming the first Chinese automaker, which held a large-scale presentation at the CES Expo in Las Vegas. The company has technologically supported firms of WM Motor Technology Co. and XPeng Motors, and funding the development of new models has provided the largest service of the Internet delivery Alibaba Group Holding Ltd.

Salon electrocreaser made under the scheme 2+3+2. For passengers in the second row of the proposed 3-seater sofa with adjustments, vents blowing on the ceiling and a flat floor. In a panoramic the roof has a sliding section

According to the global forecast from Bloomberg NEF: by 2040 more than half of all new car sales and a third of the vehicle fleet of the planet size is about 559 million cars will be the vehicle with the electric drive.

  the Founder of NIO, Mr. Lee also known as Li Bin said it plans to transfer 50 million shares, which is about one-third of the shares that it owns in the company to the trust owned, as he put it in the letter-IPO filing with the Commission the U.S. securities and exchange Commission (U.S. Securities and Exchange Commission): "At the appropriate time in the future." Lee intends to retain the right to vote on shares, while the ordinary shareholders of NIO Inc. according to him, will discuss and propose how to use: "the economic benefits from these shares with help of certain mechanisms that will be implemented in the future." Manufacturer of electric vehicles reckons his team of serious investors such as Baillie Gifford & Co. and Hillhouse Capital. Earlier this year, Li said that NIO Inc. has sufficient funding for its activities and the deployment of mass production..