NIO Inc

(Oct 11): Dyson’s sudden decision to scrap its US$2.5 billion ($3.4 billion) electric-vehicle ambitions is the latest reality check creeping into the once soaring EV industry.

(Aug 14): NIO Inc., the electric-car maker backed by technology giant Tencent Holdings, filed for a US$1.8 billion ($2.5 billion) initial public offering as it gears up to compete against the likes of Tesla Inc.