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Wuxing District of Huzhou stops talks with NIO regarding CNY 5 billion financing deal

It was previously reported by various media sources that NIO Co., Ltd. (NIO) is currently in negotiations with the Wuxing District of Huzhou city in Zhejiang Province for a financing deal worth over CNY 5 billion. The financing will support NIO to build a vehicle production plant with an annual output of 200,000 unit....

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