![This photo taken on August 26, 2019 shows a NIO EP9 driverless car displayed during the 2019 Smart China Expo in China's southwestern Chongqing. - NIO EP9 can accelerate from 0-100 km/h (62 mph) in 2.7 seconds, and achieve a top speed of 350km/h (217 mph). (Photo by STR / AFP) / China OUT](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/2SLOYRMKTDVIOFFRLQPKPMP4KA.jpg?smart=true&auth=b41ae130a89b77fd2f47fd88c6e92373e9c2bc5b8c3f556564426ccef59f43cc&width=400&height=225)
Shares of NIO have plunged 60 per cent since the company had its initial public offering in New York last year. AFP
Shares of NIO have plunged 60 per cent since the company had its initial public offering in New York last year. AFP
NIO’s dazzling showrooms in peril as Tesla nears China launch
China's electric-car maker has accumulated a deficit of almost $6bn since its founding in 2014
Bloomberg
27 December, 2019