Chinese electric vehicle (EV) maker NIO Inc. NIO recently came under the spotlight after Singapore’s sovereign wealth fund, ...

GIC sues Nio for allegedly inflating revenue through its battery-swap affiliate, raising concerns over transparency in EV accounting.

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 ...

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 ...

The legal action, filed in a New York court, targets Nio, its CEO William Li, and the company's former chief financial officer. GIC contends that the electric vehicle maker artificially inflated both ...

It’s accusing Nio of fraud via manipulation of battery ‘sales’; seeks damages for its purchase of 54 million Nio depositary ...

Nio is being sued by Singapore’s GIC for allegedly inflating over $600 million in revenue through a hidden affiliate.

Singapore's sovereign wealth fund accused the Nio of misleading investors by inflating its revenues, according to a court ...

Singaporean sovereign wealth fund GIC Pte. Ltd. is suing Chinese electric-vehicle (EV) maker Nio Inc. and executives for ...

Investing.com-- Shares of NIO Inc (HK:9866) slipped on Thursday after media reports stated that Singapore’s sovereign wealth ...