NIO Inc. Loss Form
Company: NIO Inc.
Ticker: (NYSE) NIO
Deadline
Passed
Lead Plaintiff Deadline: May 13, 2019
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Allegations
(1) NIO would not be building its own manufacturing plant and would instead continue to rely on JAC Auto to manufacture its vehicles; (2) reductions in government subsidies for electric cars would materially impact NIO’s sales; and (3) as a result, Defendants’ statements about NIO’s business, operations, and prospects were materially false and misleading at all relevant times.