Nio shares plunge 12% after Singapore's GIC accuses Chinese EV maker of inflating revenue
- Posted on October 16, 2025
- By CNBC
- 1 Views
Nio shares plunge 12% after Singapore's GIC accuses Chinese EV maker of inflating revenue
Singapore's sovereign wealth fund accused the Nio of misleading investors by inflating its revenues, according to a court document filed in August.
