The fact that NIO was almost $ 2 billion more expensive than the largest American auto giant is another curiosity of our time. The Chinese company has produced fewer than 64,000 cars in its entire history – its first supercar hit the market in 2016, followed by three SUV models. And General Motors last year alone produced 2.9 million cars and trucks.
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NIO was founded by Lee Bin, aka William Lee, a pseudonym he took to communicate with Western businessmen. He is called the godfather of the Chinese electric vehicle industry. He was the first among the Chinese competitors of the sector to bring his company to the New York Stock Exchange, now his fortune, according to Forbes, is $ 6.7 billion.
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