EV Update Media – Electric Vehicles and Battery Industry News & Updates

A platform specially designed and developed to keep the industry updated with the right Knowledge, News and Information about developments happening in the Electric Vehicles & Battery sector

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Tecent

Chinese Electric-Car Maker Nio Is Fighting For Its Survival

Nio on Tuesday said it needed to raise $200 million from chief executive William Li and the Chinese gaming giant Tecent, one of its largest shareholders, after it burned through cash at a faster rate in the second quarter. The company…