Nio hedges against possible US delisting

Chloe Lim and Samantha Chiew
Chloe Lim and Samantha Chiew5/26/2022 04:10 PM GMT+08  • 5 min read
Nio hedges against possible US delisting
Chinese EV maker Nio listed on the Singapore Exchange on May 20. Photo: Singapore Exchange
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Chinese electric vehicle (EV) maker Nio has joined a growing list of overseas companies with a secondary listing on the Singapore Exchange.

Founded in 2014, Nio is a Chinese multinational automobile company that manufactures premium battery EVs, with some of its models among the top-selling by sales volume in their respective categories last year in China. Nio has just five EV models but has already established itself as a formidable contender to some of the existing large EV players in China, such as BYD and Tesla.

Nio currently has a main listing on the New York Stock Exchange (NYSE) and a secondary listing on the Hong Kong Stock Exchange (HKSE) that started in March this year.

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